Beach tourism in Egypt is here to stay
Egyptian beach tourism will continue to flourish according to Egypt’s new Tourism Minister Hisham Zaazou. The statement, made at a recent press conference, has reassured investors and has spread optimism across the country.
The beaches in the Red Sea region of Egypt are known for their white sands and beautiful coral reefs that attract a large number of tourists to the country every year. Figures released this month show a noticeable increase in tourists visiting the region during May and June in 2012, compared to the same period last year.
Magdi Selim, head of Internal Tourism at the Egyptian Tourism Authority, stated that people visiting the Red Sea region this year during May and June reached 603,000 compared to 535,000 in 2011.
Hisham Zaazou commented on the recent findings: “The current government and president are backing tourism at large. Everybody is aware that beach tourism constitutes 70 percent of the traffic coming to Egypt and it will continue to do so.”
With the increase in tourists to the Red Sea region, the real estate market in areas like Hurghada and Sahl Hasheesh are continuing to offer great returns for investors. Property in Egypt is providing a wealth of opportunity for those willing to invest and many are already seeing the rewards.
The Tourism Minister’s recent announcement confirms that Egyptian officials are expecting more tourists to holiday in the Red Sea region to bask in the endless sunshine and soak in the relaxing atmosphere. Visitors will be seeking affordable rentals and luxury apartments to make the most of their stay in the popular tourist area, which is great news for investors.