New Market Research Report: Travel Accommodation in Egypt
A relative recovery in arrivals resulted in a strong increase in travel accommodation revenue (value sales progressed by 16%). Following the 2011 revolution, operators implemented heavy discounts on major hotels attracting tourists from Italy, Russia and emerging markets such as China. Those tourists contributed to increases in coastal cities occupancy rates. However, an ongoing popular uprising and violence did not help attract the 2010 level of international tourists from source markets like...
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