RNCOS Releases a New Report- Egypt Tourism Sector Analysis

Released on: September 6, 2008, 2:37 am

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
“Egypt Tourism Sector Analysis” to its report gallery. The report provides an
in-depth analysis of the present and future prospects of the Egyptian tourism
industry.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
“Egypt Tourism Sector Analysis” to its report gallery. According to the report,
tourism is the main source of foreign earning for Egypt, a leading Middle East
country in terms of tourist arrivals. The tourism industry of the country has
expanded rapidly over the past few years and underpinned by the promotional
activities by the country, reforms done by the government and its strategic
location, it will continue to grow at a fast pace in coming years.

This research report provides an in-depth analysis of the present and future
prospects of the Egyptian tourism industry. It looks into Egypt’s tourism industry
in detail with the focus on different parameters like inbound & outbound tourism,
expenditure by inbound & outbound tourists, accommodation facilities, transportation
facilities and aviation industry. This report provides strategic insight to clients
to evaluate the opportunities for their success in the Egyptian tourism industry.

Key Research Findings

- Russia, Germany, UK, and Italy are the important destinations from where a large
number of visitors come to Egypt. In future, the UK is expected to outpace Germany,
acquiring second rank after Russia in terms of tourist arrivals.
- Increasing disposable income will open up several opportunities for both outbound
as well as domestic tourism in Egypt. It is expected that per head disposable income
in the country will go up at a CAGR of 5.36% during 2008-2012.
- Egypt is targeting to lure around 14 Million tourists by 2011 end. To achieve this
target, the country needs to build 240,000 hotel rooms by 2011 that requires an
annual investment of over US$ 1 Billion. This represents a huge opportunity for
infrastructure developers, particularly hotel groups.
- Per head expenditure by inbound tourists in Egypt is projected to increase by
about 53% in 2012 from 2007.

Key Issues Studied in the Report

- How the global and Middle East tourism industries are performing?
- What is the position of Egypt’s tourism industry?
- What are the emerging trends in the tourism industry of Egypt?
- What is the future outlook of the industry?
- Which factors are driving the industry?
- How economic factors are affecting the tourism industry?
- What opportunities and challenges exist for the tourism industry?

Key Players Analyzed in the Report

This section covers the key facts about the major hotels and airline currently
operating in the Egyptian tourism industry, like Accor Hotel Group, Hilton Hotels
Corporation, Hyatt, Four Seasons, and EgyptAir Holding Company.

Research Methodology Used in the Report

Information Sources
Information has been sourced from books, newspapers, trade journals, white papers,
industry portals, government agencies, trade associations, monitoring industry news
and developments, and through access to over 3000 paid databases.

Analysis Method
The analysis methods used for carrying out prudent analysis in this report include
ratio analysis, historical trend analysis, linear regression analysis using software
tools, judgmental forecasting, and cause and effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM538.htm
Current Industry News: http://www.rncos.com/Blog/

Web Site: http://www.rncos.com/

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228
info@rncos.com

http://www.rncos.com/

press@rncos.com

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