Why Rent At Tiba Resort Tiba Resort located in Al Ahyaa Hurghada is going to make an ideal apart-hotel for those taking part in the many outdoor activities available on the Red Sea Riviera. With 2 large swimming pools, large sunbathing areas, a host of great facilities and one of the best Kitesurfing Clubs (Play […]
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.
Red Sea resorts in Hurghada and El Gouna are experiencing more tourists visiting the area to try out the new sport, which has become increasingly popular with water sports enthusiasts.
More than 12 million tourists are expected to visit Egypt by the end of 2012, a 23 percent rise on the previous year. The rise in tourists is good news for the country’s economy and has spread optimism across Egypt.
The number of tourists visiting Egypt in April reached 1.4 million and hoteliers in the Red Sea resorts have reported high occupancy levels.
Egypt has enjoyed a tourism increase of 32 percent in the first quarter of 2012 showing signs that the country has bounced back from the revolution in 2011.
The positive news has followed another great report from The Telegraph newspaper, which has recently revealed Egypt is leading the global markets in 2012.
Egypt’s tourism sector welcomed its highest number of tourists in 2010 and the news that the same levels of tourists are returning in 2012 has pleased investors.
Egypt’s Red Sea resorts are a popular choice for divers to go on holiday as the Red Sea Riviera has the largest stretch of coastline and stunning underwater reefs.
The daily newspaper reported the country is great for guaranteed sunshine without a long flight and is perfect for young children. The news article also describes the flight to Hurghada International Airport as a “no-frills” airline route.
Egypt has gained plenty of positive news recently, reporting that the country’s economy has grown 1.8 percent in the year to June 2011.