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Published: Jan, 2014 | Pages:
130 | Publisher: Timetric
Industry: Travel Services | Report Format: Electronic (PDF)
Synopsis
The report provides detailed market analysis, information and insights, including:
Historic and forecast tourist volumes covering the entire Egyptian travel and tourism sector
Detailed analysis of tourist spending patterns in Egypt
The total, direct and indirect tourism output generated by each category within the Egyptian travel and tourism sector
Employment and salary trends for various categories in the Egyptian travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
Detailed market classification across each category, with analysis using similar metrics
Detailed analysis of the airline, hotel, car rental and travel intermediaries industries.
Summary
Political revolution in 2011, which led to the end of the rule of the country's fourth president, Hosni Mubarak, resulted in significant challenges for the Egyptian travel and tourism sector. Social and political conditions improved in 2012 and the tourism sector showed signs of recovery, but the situation deteriorated again in 2013 due to further unrest. Conditions in the country have improved since July-August 2013, and Timetric expects a slow return to growth over the forecast period (2014-2018).
Scope
This report provides an extensive analysis related to the tourism demands and flows in Egypt:
It details historical values for the Egyptian tourism sector for 2009-2013, along with forecast figures for 2014-2018.
It provides comprehensive analysis of the travel and tourism demand factors with values for both the 2009-2013 review period and the 2014-2018 forecast period.
The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Egypt.
It provides employment and salary trends for various categories of the travel and tourism sector.
It provides comprehensive analysis of the trends in airline, hotel, car rental and travel intermediaries industries, with values for both the 2009-2013 review period and the 2014-2018 forecast period.
Reason To Buy
Take strategic business decisions using historic and forecast market data related to the Egyptian travel and tourism sector.
Understand the demand-side dynamics within Egypt's travel and tourism sector, along with key market trends and growth opportunities.
Identify the spending patterns of domestic, inbound and outbound tourists by individual categories.
Analyze key employment and compensation data related to the travel and tourism sector in Egypt.
Key Highlights
Political unrest adversely affected the Egyptian economy in 2011 and 2013. The growth in gross domestic product (GDP), which increased at a rate of 5.1% in 2010, slowed to 1.8% in 2011. Travel and tourism, a major economic contributor, was affected, with international arrivals decreasing at a rate of 33.2% in 2011 owing to the unrest and the country's negative image portrayed in the worldwide media. As the situation improved post revolution, the country registered a return to growth and signs of recovery in 2012. However, further unrest in July 2013, which led to the ousting of Mohamed Morsi from power by the military, hampered economic growth and tourist flows in the country once again.
Egypt has a variety of natural landscapes and cultural heritage sites. It is home to seven UNESCO World Heritage sites, including the Pyramid fields from Giza to Dahshur, Nubian Monuments at Abu Simbel and Wadi Al-Hitan. Egypt's cultural and archaeological heritage is also a tourist attraction and work has been ongoing to restore and renovate key sites. The Pyramid of Khafre, also known as the Pyramid of Chephren, was reopened in October 2012 after 10-year-long renovation work, to strengthen the ailing Egyptian tourism sector.
Despite the political unrest, domestic tourism in Egypt performed well. The number of domestic trips increased from 12.4 million in 2009 to 15.0 million in 2013, due to government efforts to promote domestic tourism such as offering discounts to citizens at key tourist destinations, and discounts offered by hotels to make-up for the losses registered due to the lack of international tourists. The average expenditure per domestic tourist in Egypt increased at a review-period CAGR of 5.70%.
The revolution in Egypt in 2011 drove a number of countries, including the US and the UK, to issue travel warnings, advising residents not to travel to the country. Political unrest in 2013 damaged the country's reputation further. Easing foreign travelers' concerns over safety and security is a major challenge facing the Egyptian tourism sector. According to the World Economic Forum's Travel and Tourism Competitiveness Index for 2013, Egypt ranked last (140 out of 140 countries) in terms of safety and security. However, in October 2013, the Tourism Ministry announced the lifting of travel warning by 13 countries, including Germany, Hungary, Denmark, the Netherlands and Finland.
The Egyptian aviation market experienced a number of challenges during the review period. In 2009, total revenue generated in the market declined by 2.20%, primarily due to the global economic downturn and uncertain economic scenario. However, it recovered in 2010 with 6.55% growth, driven by the increase in passenger volumes in all segments. In the same year, revenue generated by the country's low-cost airlines rose by 33.65%, driven by the increase in demand for economic and affordable travel by business and leisure tourists.
Political and social unrest also adversely impacted the Egyptian hotel market. Travel warnings issued by a number of countries, advising citizens not to travel to Egypt, led to a decline in tourist volumes, subsequently limiting business for hotels. During the review period, total hotel revenue generated fell at a CAGR of 11.87%, from EGP19.3 million (US$3.74 million) in 2009 to EGP12.5 million (US$1.83 million) in 2013. The largest fall in revenue, at a rate of 40.90%, was recorded in 2011.
Political uncertainty and a decline in business activity affected business car rentals, which posted the largest decline at a review-period CAGR of -3.08%. The majority of car rentals in Egypt were made at non-airport locations, with sales from such rentals accounting for 66.3% of the total market value in 2013. However, poor road conditions and chaotic traffic systems discouraged tourists from renting cars, instead leading to a preference for taxis.
Conventional travel service providers dominated the industry in 2013 with 90.3% of the market value, while online service providers accounted for the remaining 9.7%. However, online service providers registered significant growth during the review period, at a CAGR of 24.64%. This growth was primarily driven by the country's high internet penetration rate of 35.6%, in comparison to neighboring countries.
1 Executive Summary 2 Travel and Tourism Sector In Context 3 Country Fact Sheet 4 Tourism Flows 4.1.1 Domestic tourism 4.1.2 Inbound tourism 4.1.3 Outbound tourism 4.2.1 Several countries removed travel warnings 4.2.2 Sharp decline in August 2013 4.2.3 Cruise tourism 4.2.4 Optimism drives Ministry of Tourism's promotiol efforts 4.2.5 Ministry's efforts to revive domestic tourism 4.3.1 Domestic tourism 4.3.2 Inbound tourism 4.3.3 Outbound tourism 5 Airlines 5.2.1 EgyptAir suffered losses 5.2.2 Launch of new routes 6 Hotels 6.2.1 Decline in hotel occupancy rates 6.2.2 Construction of new hotels expected 7 Car Rental 7.2.1 Government expected to improve the poor transport system 8 Travel Intermediaries 8.2.1 Entry of new companies 8.2.2 Saudi Arabian government restricted visas to Mecca 9 Tourism Board Profile 10 Airport Profiles 10.1.1 Overview 10.1.2 Operator profile 10.1.3 Routes 11 Company Profiles - Airlines 11.1.1 Air Arabia Egypt - company overview 11.1.2 Air Arabia Egypt - main services 11.1.3 Air Arabia Egypt - key employees 11.2.1 EGYPTAIR Holding Company - company overview 11.2.2 EGYPTAIR Holding Company - business description 11.2.3 EGYPTAIR Holding Company - main services and brands 11.2.4 EGYPTAIR Holding Company - history 11.2.5 EGYPTAIR Holding Company - SWOT alysis 11.2.6 EGYPTAIR Holding Company - strengths 11.2.7 EGYPTAIR Holding Company - weaknesses 11.2.8 EGYPTAIR Holding Company - opportunities 11.2.9 EGYPTAIR Holding Company - threats 11.2.10 EGYPTAIR Holding Company - key employees 11.3.1 Air Cairo - company overview 11.3.2 Air Cairo - main services 11.3.3 Air Cairo - key employees 11.4.1 EgyptAir Express - company overview 11.4.2 EgyptAir Express - main services 11.4.3 EgyptAir Express - key employees 11.5.1 Nile Air - company overview 11.5.2 Nile Air - main services 11.5.3 Nile Air - key employees 12 Company Profiles - Hotels 12.1.1 InterContinental Hotels Egypt - company overview 12.1.2 InterContinental Hotels Egypt - main services and brands 12.1.3 InterContinental Hotels Egypt - key employees 12.2.1 Fairmont Hotels & Resorts Egypt - company overview 12.2.2 Fairmont Hotels & Resorts Egypt - main services 12.2.3 Fairmont Hotels & Resorts Egypt - key employees 12.3.1 Starwood Hotels & Resorts Egypt - company overview 12.3.2 Starwood Hotels & Resorts Egypt - main services 12.3.3 Starwood Hotels & Resorts Egypt - key employees 12.4.1 Accor Hotels Egypt - company overview 12.4.2 Accor Hotels Egypt - main services and brands 12.4.3 Accor Hotels Egypt - key employees 12.5.1 Hilton Hotels Egypt - company overview 12.5.2 Hilton Hotels Egypt - main services 12.5.3 Hilton Hotels Egypt - key employees 13 Company Profiles - Car Rental 13.1.1 Europcar Egypt - company overview 13.1.2 Europcar Egypt - main services 13.1.3 Europcar Egypt - key employees 13.2.1 Maneuver Rent a Car - company overview 13.2.2 Maneuver Rent a Car - main services 13.2.3 Maneuver Rent a Car - key employees 13.3.1 Budget Rent-A-Car Egypt - company overview 13.3.2 Budget Rent-A-Car Egypt - main services 13.3.3 Budget Rent-A-Car Egypt - key employees 13.4.1 Hertz Car Rental Egypt - company overview 13.4.2 Hertz Car Rental Egypt - main services 13.5.1 Smart Limo - company overview 13.5.2 Smart Limo - main services 13.5.3 Smart Limo - key employees 14 Company Profiles - Travel Intermediaries 14.1.1 Quest Travel - company overview 14.1.2 Quest Travel - main services 14.1.3 Quest Travel - key employees 14.2.1 Samo Egypt Tours - company overview 14.2.2 Samo Egypt Tours - main services 14.2.3 Samo Egypt Tours - key employees 14.3.1 Sun East Tours - company overview 14.3.2 Sun East Tours - main services 14.3.3 Sun East Tours - key employees 14.4.1 Nicolas Tours - company overview 14.4.2 Nicolas Tours - main services 14.4.3 Nicolas Tours - key employees 14.5.1 Sunrise Tours - company overview 14.5.2 Sunrise Tours - main services 14.5.3 Sunrise Tours - key employees 15 Market Data Anlaysis 15.1.1 Total tourism output 15.1.2 Direct tourism output 15.1.3 Indirect tourism output 15.1.4 Tourism output per employee 15.1.5 Direct tourism output per employee 15.1.6 Indirect tourism output per employee 15.2.1 Total tourism employment 15.2.2 Direct tourism employment 15.2.3 Indirect tourism employment 15.2.4 Tourism employee compensation 15.2.5 Total gross income generated by total tourism employment 15.3.1 Domestic trips by purpose of visit 15.3.2 Number of overnight stays 15.3.3 Total domestic tourist expenditure 15.3.4 Average expenditure per domestic tourist by category 15.4.1 Intertiol arrivals by region 15.4.2 Intertiol arrivals by purpose of visit 15.4.3 Total inbound tourism expenditure by category 15.4.4 Average intertiol tourist expenditure by category 15.5.1 Intertiol departures by region 15.5.2 Intertiol departures by purpose of visit 15.5.3 Number of overnight stays 15.5.4 Total outbound tourism expenditure by category 15.5.5 Average outbound expenditure per resident by category 15.6.1 Seats available 15.6.2 Seats sold by carrier type - business travel 15.6.3 Seats sold by carrier type - leisure travel 15.6.4 Load factor by carrier type 15.6.5 Passenger kilometers available by carrier type 15.6.6 Revenue-generating passenger kilometers by carrier type 15.6.7 Revenue per passenger by carrier type 15.6.8 Total revenue by carrier type 15.7.1 Establishments by hotel category 15.7.2 Available rooms by hotel category 15.7.3 Room occupancy rate by hotel category 15.7.4 Room nights available by hotel category 15.7.5 Room nights occupied by hotel category 15.7.6 Average revenue per available room by hotel category 15.7.7 Revenue per occupied room by hotel category 15.7.8 Total revenue per available room by hotel category 15.7.9 Total revenue by hotel category and customer type 15.7.10 Guests by hotel category and customer type 15.8.1 Market value by customer type and rental location 15.8.2 Fleet size 15.8.3 Rental occasions and days 15.8.4 Rental length 15.8.5 Average rental length 15.8.6 Utilization rate 15.8.7 Average revenue per day 15.9.1 Market value by product type 15.9.2 Online revenues by type of intermediary or provider 15.9.3 Online revenues by type of tourist 15.9.4 In-store revenues by type of intermediary 15.9.5 In-store revenues by type of tourist 15.9.6 Travel agent revenues from domestic tourism, by sales channel 15.9.7 Travel agent revenues from intertiol tourism by sales channel 15.9.8 Tour operator revenues from domestic tourism, by sales channel 15.9.9 Tour operator revenues from intertiol tourism, by sales channel 15.9.10 Other intermediaries revenues from domestic tourism, by sales channel 15.9.11 Other intermediaries revenues from intertiol tourism by sales channel 16 Appendix
List of Tables
Table 1: Egypt - Tourist Arrivals from Top 10 Countries (Thousand), 2008-2017 Table 2: Egypt - Tourist Departures to Top 10 Countries (Thousand), 2008-2017 Table 3: Egyptian Tourism Authority - Key Facts and Locations Table 4: Cairo Intertiol Airport, Cairo ? Overview Table 5: Sharm el-Sheikh Intertiol Airport, Sharm el-Sheikh ? Overview Table 6: Hurghada Intertiol Airport, Hurghada - Overview Table 7: Luxor Intertiol Airport, Luxor - Overview Table 8: Air Arabia Egypt, Key Facts Table 9: Air Arabia Egypt, Main Services Table 10: Air Arabia Egypt, Key Employees Table 11: EGYPTAIR Holding Company, Key Facts Table 12: EGYPTAIR Holding Company, Main Services and Brands Table 13: EGYPTAIR Holding Company, History Table 14: EGYPTAIR Holding Company, Key Employees Table 15: Air Cairo, Key Facts Table 16: Air Cairo, Main Services Table 17: Air Cairo, Key Employees Table 18: EgyptAir Express, Key Facts Table 19: EgyptAir Express, Main Services Table 20: EgyptAir Express, Key Employees Table 21: Nile Air, Key Facts Table 22: Nile Air, Main Services Table 23: Nile Air, Key Employees Table 24: InterContinental Hotels Egypt, Key Facts Table 25: InterContinental Hotels Egypt, Main Services and Brands Table 26: InterContinental Hotels Egypt, Key Employees Table 27: Fairmont Hotels & Resorts Egypt, Key Facts Table 28: Fairmont Hotels & Resorts Egypt, Main Services Table 29: Fairmont Hotels & Resorts Egypt, Key Employees Table 30: Starwood Hotels & Resorts Egypt, Key Facts Table 31: Starwood Hotels & Resorts Egypt, Main Services Table 32: Starwood Hotels & Resorts Egypt, Key Employees Table 33: Accor Hotels Egypt, Key Facts Table 34: Accor Hotels Egypt, Main Services and Brands Table 35: Accor Hotels Egypt, Key Employees Table 36: Hilton Hotels Egypt, Key Facts Table 37: Hilton Hotels Egypt, Main Services Table 38: Hilton Hotels Egypt, Key Employees Table 39: Europcar Egypt, Key Facts Table 40: Europcar Egypt, Main Services Table 41: Europcar Egypt, Key Employees Table 42: Maneuver Rent a Car, Key Facts Table 43: Maneuver Rent a Car, Main Services Table 44: Maneuver Rent a Car, Key Employees Table 45: Budget Rent-A-Car Egypt, Key Facts Table 46: Budget Rent-A-Car Egypt, Main Services Table 47: Budget Rent-A-Car Egypt, Key Employees Table 48: Hertz Car Rental Egypt, Key Facts Table 49: Hertz Car Rental Egypt, Main Services Table 50: Smart Limo, Key Facts Table 51: Smart Limo, Main Services Table 52: Smart Limo, Key Employees Table 53: Quest Travel, Key Facts Table 54: Quest Travel, Main Services Table 55: Quest Travel, Key Employees Table 56: Samo Egypt Tours, Key Facts Table 57: Samo Egypt Tours, Main Services Table 58: Samo Egypt Tours, Key Employees Table 59: Sun East Tours, Key Facts Table 60: Sun East Tours, Main Services Table 61: Sun East Tours, Key Employees Table 62: Nicolas Tours, Key Facts Table 63: Nicolas Tours, Main Services Table 64: Nicolas Tours, Key Employees Table 65: Sunrise Tours, Key Facts Table 66: Sunrise Tours, Main Services Table 67: Sunrise Tours, Key Employees Table 68: Egypt - Total Tourism Output by Category (EGP Billion), 2009-2018 Table 69: Egypt - Direct Tourism Output by Category (EGP Billion), 2009-2018 Table 70: Egypt - Indirect Tourism Output by Category (EGP Billion), 2009-2018 Table 71: Egypt - Total Tourism Output Generated per Employee by Category (EGP Thousand), 2009-2018 Table 72: Egypt - Direct Tourism Output Generated per Employee by Category (EGP Thousand), 2009-2018 Table 73: Egypt - Indirect Tourism Output Generated per Employee by Category (EGP Thousand), 2009-2018 Table 74: Egypt - Total Tourism Employment by Category (Thousand), 2009-2018 Table 75: Egypt - Total Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 76: Egypt - Direct Tourism Employment by Category (Thousand), 2009-2018 Table 77: Egypt - Direct Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 78: Egypt - Indirect Tourism Employment by Category (Thousand), 2009-2018 Table 79: Egypt - Indirect Tourism Employment as a Percentage of Total Employment by Category (%), 2009-2018 Table 80: Egypt - Average Salary per Employee by Category (EGP Thousand), 2009-2018 Table 81: Egypt - Total Gross Income Generated by Total Tourism Employment by Category (EGP Billion), 2009-2018 Table 82: Egypt - Number of Trips by Purpose (Thousand), 2009-2018 Table 83: Egypt - Overnight Stays (Million), 2009-2018 Table 84: Egypt - Total Domestic Tourism Expenditure by Category (EGP Billion), 2009-2018 Table 85: Egypt - Average Expenditure per Domestic Tourist by Category (EGP), 2009-2018 Table 86: Egypt - Intertiol Arrivals by Region (Thousand), 2009-2018 Table 87: Egypt - Intertiol Arrivals by Purpose of Visit (Thousand), 2009-2018 Table 88: Egypt - Total Inbound Tourism Expenditure by Category (EGP Billion), 2009-2018 Table 89: Egypt - Average Expenditure per Inbound Tourist by Category (EGP), 2009-2018 Table 90: Egypt - Intertiol Departures by Region (Thousands), 2009-2018 Table 91: Egypt - Intertiol Departures by Purpose of Visit (Thousand), 2009-2018 Table 92: Egypt - Overnight Stays (Million), 2009-2018 Table 93: Egypt - Total Outbound Tourism Expenditure by Category (EGP Billion), 2009-2018 Table 94: Egypt - Average Outbound Expenditure per Resident by Category (EGP), 2009-2018 Table 95: Egypt - Seats Available by Carrier Type (Thousand), 2009-2018 Table 96: Egypt - Seats Sold by Carrier Type - Business Travel (Thousand), 2009-2018 Table 97: Egypt - Seats Sold by Carrier Type - Leisure Travel (Thousand), 2009-2018 Table 98: Egypt - Load Factor by Carrier Type (%), 2009-2018 Table 99: Egypt - Passenger Kilometers Available by Carrier Type (Billion), 2009-2018 Table 100: Egypt - Revenue-Generating Passenger Kilometers by Carrier Type (Billion), 2009-2018 Table 101: Egypt - Revenue per Passenger by Carrier Type (EGP), 2009-2018 Table 102: Egypt - Total Revenue by Carrier Type (EGP Billion), 2009-2018 Table 103: Egypt - Establishments by Category (Actual), 2009-2018 Table 104: Egypt - Available Hotel Rooms by Hotel Category (Thousand), 2009-2018 Table 105: Egypt - Room Occupancy Rate by Hotel Category (%), 2009-2018 Table 106: Egypt - Room Nights Available by Hotel Category (Million), 2009-2018 Table 107: Egypt - Room Nights Occupied by Hotel Category (Million), 2009-2018 Table 108: Egypt - Average Revenue per Available Room by Hotel Category (EGP), 2009-2018 Table 109: Egypt - Revenue per Occupied Room by Hotel Category (EGP), 2009-2018 Table 110: Egypt - Total Revenue Per Available Room by Hotel Category (EGP), 2009-2018 Table 111: Egypt - Total Revenue by Hotel Category and Customer Type (EGP Million), 2009-2018 Table 112: Egypt - Guests by Hotel Category and Customer Type (Thousand), 2009-2018 Table 113: Egypt - Market Value by Customer Type and Rental Location (EGP Million), 2009-2018 Table 114: Egypt - Fleet Size (Actual), 2009-2018 Table 115: Egypt - Rental Occasions (Thousand), 2009-2018 Table 116: Egypt - Rental Days (Million), 2009-2018 Table 117: Egypt - Average Rental Length (Days), 2009-2018 Table 118: Egypt - Market Utilization Rate (%), 2009-2018 Table 119: Egypt - Car Rental Average Revenue per Day (EGP), 2009-2018 Table 120: Egypt - Travel Intermediaries Market Value by Product Type (EGP Billion), 2009-2018 Table 121: Egypt - Travel Intermediaries Online Revenues by Provider (EGP Million), 2009-2018 Table 122: Egypt - Travel Intermediaries Online Revenues by Type of Tourist (EGP Million), 2009-2018 Table 123: Egypt - Travel Intermediaries In-Store Revenues by Provider (EGP Billion), 2009-2018 Table 124: Egypt - Travel Intermediaries In-Store Revenues by Type of Tourist (EGP Billion), 2009-2018 Table 125: Egypt - Travel Agent Revenues from Domestic Tourism by Sales Channel (EGP Million), 2009-2018 Table 126: Egypt - Travel Agent Revenues from Intertiol Tourism by Sales Channel (EGP Billion), 2009-2018 Table 127: Egypt - Tour Operator Revenues from Domestic Tourism by Sales Channel (EGP Million), 2009-2018 Table 128: Egypt - Tour Operator Revenues from Intertiol Tourism by Sales Channel (EGP Million), 2009-2018 Table 129: Egypt - Other Intermediaries Revenues from Domestic Tourism by Sales Channel (EGP Million), 2009-2018 Table 130: Egypt - Other Intermediaries Revenues from Intertiol Tourism by Sales Channel (EGP Million), 2009-2018 Table 131: Timetric Travel and Tourism Sector Definitions
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