Egypt cultural tourism revenues see steep rise in October
Cultural tourism, which makes up 20 percent of Egypt's tourism trade, sees 253 percent rise from September
Tuesday 12 Nov 2013![]() |
The Giza Pyramids (Photo: Reuters) |
Despite the whopping 253 percent rise from September, when cultural touristic visits churned out some LE1.7 million ($0.2 million), revenues remain sharply below 2010 levels.
In October 2010, the country's coffers received around LE111 million ($16 million) in revenues from museum and ancient site visits.
2010 was Egypt's tourism peak, when an estimated 14.7 million tourists visited the country, generating $12.5 billion in revenue.
According to the antiquities ministry statement, the ministry has suffered from limited financial resources. However, it has remained committed to saving LE53 million ($7.6 million) per month.
At the Euromoney Conference on Monday, tourism minister Hisham Zaazou clarified that global tourism trends are now geared towards leisure travel.
Zaazou pointed out that sun-and-sea tourism represents 80 percent of Egypt's tourism trade, while cultural tourism takes the remaining 20 percent.
Source:english.ahram.org.eg
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