The hotel occupancy rates in various tourist areas have increased two days before the Easter “Sham El-Nessim” holiday with Europeans and Egyptians, according to Chairman of the Tourism Committee at the Egyptian Businessmen Association (EBA), Ahmed Balbaa.
Balbaa stated that tourist areas are witnessing high hotel occupancy rates since Friday, and rates will reach their peak on Monday.
According to a report, the hotel occupancy in Alexandria rose in the past two days to 60%, and it is expected to reach 80%. In Ain Sokhna the occupancy rate is at 80%, Sharm El-Sheikh at 70% and Hurghada at 75%.
According to Tarek Adham, a member of the Investors Association in Marsa Alam, Egyptian tourism is recovering as there are continuous stability indicators, especially following the Economic Summit which took place in Sharm El-Sheikh in mid-March.
Adham noted that the Ministry of Tourism is taking the right path by amending laws on the Egyptian tourism subsidy, especially laws concerning the structure of offices belonging to the Tourism Activation Authority (TAA) outside Egypt.
European tourism represents 72% of the total tourist flow in Egypt on an annual basis, Adham said.
Tourist flow from West Europe, especially from France, Italy, UK, and Germany, is expected to increase during the spring holidays in light of the warm weather in Egypt, in addition to the low prices offered compared to other countries.