BMI’s Egypt Tourism Report analyses the investment potential which Egypt offers to large tourist industries – particularly global hotel groups – as they seek to harness the growth opportunities being offered by the local market over the long term. However, over the short term, still-high political risk is acting as a clear suppressant to tourism demand. Egypt’s tourism industry saw something of a recovery over 2012. This positive performance bodes well for continued growth in 2013. In this context, BMI is forecasting a further 9% increase in tourist arrivals, to 13.2mn. Early indications for the current year are encouraging, with …
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