Egypt tourist arrivals expected to reach around 15.3 mln by end of 2024

Tourist arrivals in Egypt are expected to reach 15.3 million by the end of 2024, marking a 5% annual growth rate. This trend is projected to continue into 2025. To accommodate the increasing number of visitors, Egypt plans to double its hotel capacity over the next five to six years and focus on developing key tourist areas, particularly around the pyramids, to attract investment.

In 2023, Egypt welcomed 14.9 million tourists, exceeding the 2010 peak of 14.7 million. Between January and June 2024, the country saw a record 7.1 million visitors, with tourism revenues rising to $6.6 billion in the first half of the year, up from $6.3 billion in 2023.

Tourism remains a vital source of foreign currency for Egypt, alongside remittances, Suez Canal revenues, and foreign investments. The government has outlined a national tourism strategy aiming to attract 30 million tourists by 2028 by expanding capacity and enhancing the visitor experience.