Egypt raises tourism revenue forecast to $18.3 billion in 2025, a 9.5% growth

 Egypt's tourism revenues to reach $18.3 billion in 2025                                                                                       

Egypt raises tourism revenue forecast to $18.3 billion in 2025, a 9.5% growth

Egypt aims to increase tourism revenues to $18.3 billion by the end of the current fiscal year 2025-2026, a 9.5% growth over the previous fiscal year, when revenues reached approximately $16.7 billion.

A government document revealed that average tourism spending during the last fiscal year 2024-2025 was $97 per night, with expectations of exceeding $105 by the end of the current fiscal year. It also indicated that the average number of nights spent by tourists in Egypt last year reached 172.2 million, with an average length of stay per visitor of 10.5 nights. The document aims to reach 240 million nights by 2028-2029, with the average length of stay per visitor reaching 11 nights.

She added that the tourism sector is intensifying efforts on both demand and supply fronts, focusing on effective promotion and active marketing of Egyptian tourist destinations, and tourism supply, based on expanding the quantity and quality of tourism services provided. Egypt plans to attract approximately 30 million tourists annually by 2030, and tourism revenues are expected to exceed $24 billion by the end of the 2028-2029 fiscal year.

Positive Indicators for Source Markets

Egypt attracted 8.7 million tourists during the first half of 2025, a 24% increase over the same period last year, according to press statements by Tourism Minister Sherif Fathy. The sector aims to exceed 17 million tourists by the end of the year, compared to 15.7 million tourists at the end of last year.

 Anwar Helal, Vice President of the Sharm El-Sheikh Tourism Investors Association and an investor in the North Coast, said that the average hotel occupancy rate in Sharm El-Sheikh currently exceeds 75%, with expectations of continued growth in the coming period.

He added, "There are some hotels where occupancy rates exceed 90% with the influx of tourists from European Union countries and Eastern European countries. All indicators are positive regarding the influx of Arab and European tourists to Egypt." He pointed to the growth in demand for hotels in the Red Sea and Sharm el-Sheikh, which has recently raised prices by a minimum of 10-15%.

In contrast, the Red Sea region has high tourist demand, according to Hilal, exceeding 40% compared to the same period last year, whether from Arabs, Europeans, or Egyptians. He said the region is attracting new markets from Poland, the Czech Republic, Slovenia, and Slovakia, in addition to Italians, who represent a high percentage of foreigners in the region.

Occupancy rates reach 90% in Red Sea hotels

Ramy Fayez, head of the Marketing Committee in the Marsa Alam area in the southern Red Sea, said that the average tourist occupancy rate in the region ranges between 90-95% and is growing with the increase in air traffic, which exceeded 118 flights per week in July, a 22% increase compared to last month.

Egypt's hotel capacity will reach approximately 229,000 rooms by the end of 2024, with 5,500 rooms added by the end of the first half of the year, according to Egyptian sources last Thursday. The sources explained that two-thirds of the hotel capacity is concentrated in the Red Sea and South Sinai regions, with average occupancy rates in Hurghada ranging between 85-90%, while in Sharm el-Sheikh, it is lower.