On Friday 8th January 2016, I like others saw breaking news headlines of a terrorist attack on a hotel in Hurghada (Bella Vista Resort Hotel). The headlines read “ISIS Gunmen Storm Hurghada Hotel, Killing Tourists” then the Chinese Whispers took over and I heard stories of terrorists coming out of the Red Sea like in […]
Travel and Tourism industry’s contribution to the Global GDP was more than 2 trillion US dollars, adding 2.9% to the global GDP in 2012. The World Travel & Tourism Council forecasts that the total contribution of travel and tourism to the GDP will reach USD 10.5 trillion by 2023 which in simple terms is a […]
The demand for property is constantly increasing with more investors wanting quality homes. Professor Unsal Ban added that people now want more from the property sector with the addition of more social and recreational areas as well as smart homes.
The Egyptian government has committed to boosting Egypt’s cultural tourism at a ceremony marking the 90th anniversary of the discovery of Tutankhamun’s tomb. The Ministry of Tourism is looking to diversify the tourism offerings in Egypt and open the country up to new markets. The ministry recognises cultural tourism as an area with great potential […]
Cyprus is firmly back in the spotlight for international property investors according to recent figures published by overseas property portal themovechannel.com. The recent Top of the Props Chart confirmed Cyprus’ popularity as an investment destination by ranking it in sixth place for the total number of enquiries made on the site during the month. Turkey […]
The number of tourists visiting Turkey has continued to rise according to recent figures from the Tourism Ministry, confirming that the country’s booming tourism industry is continuing to buck the global trend. Foreign arrivals to Turkey increased by 0.37 percent year-on-year in October to an impressive 3.05 million. The upwards trend follows on from […]
Cyprus is still seeing an increase in tourist arrivals into the country and revenues from tourism, according to Cyprus’ Tourism Organisation (CTO) President Alekos Orountiotis. Orountiotis stated that the total tourist arrivals in Cyprus for 2012 saw an increase between 3.5 percent and 4 percent when compared with those from 2011. Also correlated with this […]
With a new government in place the country is now looking stronger than ever and it is proving to be a great investment opportunity where many investors are reaping the rewards of owning a property in Egypt.
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 news has caught the eyes of international investors, who are keen to take advantage of Egypt’s reasonably priced property sector before prices start to rise now the elections are over and business resumes back to normal.
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.
Tourism in the country is expected to rise despite the eurozone crisis and with foreign investment across all sectors hitting $15.9 billion last year, 2012 is expected to see Turkey’s investment figure rise even further.
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.
Tourism figures next year are expected to grow, especially now Turkey has had a successful year despite problems across the Euro Zone.
Tourists are interested in seeing the effects of the revolution and tour companies are now incorporating the recent events into their schedules.
Turkey’s recent good news has got investors excited. Buyers have seen an opportunity to purchase property at an affordable price that they can rent out all year round.
Turkey’s successful tourism industry has caught investors eyes and buyers believe the country is the best investment destination in the world.