Management can Pull off Crisis-laden Egyptian Tourism Sector, ExpertsBy: Shushmul Maheshwari
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Management can Pull off Crisis-laden Egyptian Tourism Sector, Experts
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The Egyptian tourism industry has seen tremendous growth in the past few years and is expected to continue to grow at a fast pace in coming years too. But the ongoing global financial meltdown has posed a challenge before the Egyptian economy, including its tourism industry, the biggest source of foreign currency for the country.
The current financial crisis is taking the whole world in its grip, including Europe, a major source of tourists for Egypt. Economic crisis has constricted the disposable income of Europeans, and thus, they are staying away from leisure activities like tourism. And Egypt is feeling the heat of this crisis. It is expected that the country will see a decline of around 10 to 15% in reservations for this Christmas against last Christmas.
According to our new research report, “Egypt Tourism Sector Analysis”, tourist arrivals in Egypt are expected to grow at a CAGR of nearly 6% during 2008-2012, whereas between 2003 and 2007, tourist arrivals grew at a strong CAGR of 16.63%.
Thus, coming years will prove quite intimidating for the Egyptian tourism industry. However, the impact can be considerably cooled down by following proper management approach.
According to a Senior Research Analyst at RNCOS, “Egyptians are not considered on the higher end of valued commodities in terms of services and goods. It means that the country should focus more on mid-level tourism and eco-tourism against five-star quality services. And as recession is deepening, tourists are searching for cheaper and affordable alternatives for vacations, such as Basata – a cheap tourist place on Sinai Peninsula. Egypt is among the lowest cost tourist destinations on the Mediterranean coast. So currently, the country is at the lower end of mass tourism, and it can take full advantage of this strength by giving increased stake to local communities in the tourism sector and thereby generate more revenue from it.”
“Egypt Tourism Sector Analysis” contains in-depth information on the present status and future outlook of the growing tourism industry of Egypt. It gives detailed analysis along with statistical data on various parameters such as inbound & outbound tourism, accommodation facilities, transportation facilities, aviation industry and expenditure by outbound & inbound tourists.
For more information visit: http://www.rncos.com/Report/IM538.htm
Current Industry News: http://www.rncos.com/Blog/http://rncos.com |
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| Keywords |
Egypt Tourism Sector Analysis, Egypt Tourism Industry, Egyptian Tourism Industry, Tourism Industry in Egypt, Tourism Sector in Egypt |
| Category |
Travel and Leisure |
| Submission Date |
Jun 9, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Travel and Leisure |
| 1. |
Medical Tourism to keep Singapore Tourism Industry Healthy
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A new market research report, “Opportunities in Singapore Tourism Industry (2007-2009)”, recently released by RNCOS says that the promising medical tourism market will boost the growth into Singapore’s tourism industry and the total international tourist arrivals will cross the 14 Million mark by 2012.
The report identifies that growth in medical tourism industry is one of the significant drivers of the tourism industry in Singapore. In Asia, Singapore stands at number two spot both in terms of medical tourist arrivals and revenue generated from medical tourism. The cost of healthcare in Singapore is substantially higher than other regional destinations; however, the country has better infrastructure and regulations as compared to other countries.
Singapore has the widest range of top quality healthcare services, large number of affiliated top medical institutions, accommodation choices and leisure services to meet the individual needs of tourists. In 2006, the country had a total of 29 hospitals/specialty centers with bed capacity of 11,527. There were 6,931 doctors and 15,452 registered nurses in Singapore. Revenues from Singapore medical tourism industry will grow strongly at a projected CAGR of 9.1% between 2007 and 2012, and will register US$ 1.7 Billion in total revenues, as per the report.
“Opportunities in Singapore Tourism Industry (2007-2009)” provides extensive research and rational analysis on various aspects of Singapore’s tourism industry and underlines the key issues related to it. The overview on opportunities and future forecast will help the clients to analyze the future course of direction and major growth areas of the tourism and related industries.
This research supplements the past and current information with statistical data. It gives in-depth analysis on inbound and outbound tourism in the country. It also covers the performance of other related industries like hotel and transportation industry. The research also includes forecast on various important industry aspects, like tourist arrivals, tourism receipts, outbound tourism, outbound tourism expenditure, medical tourism industry, and MICE industry (Meetings, Incentives, Conventions, Exhibitions).
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM504.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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| 2. |
Budget Hotels in New Delhi India, Cheap and Discounted Accommodation
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Hotel Raunak is a premier budget hotel located in central delhi. The hotel is known for its quality and timely service.
Elegance and Luxury Hotels New Delhi, Online Reservations, Economical, Reasonable, Commercial and Business Hotels Hospitality
Raunak Plaza Hotel Hotel Description
Location
Hotel Raunak Plaza is located near Krishna Market on Saraswati Marg, and is approximately 12-14 km from the Domestic Airport,
and 3-5 km from New Delhi Railway Station.Hotel Raunak Plaza is a brand new 3-star hotel that is contemporary and modern,
providing guests with comfortable accommodation, along with an array of personalized services and modern facilities, at one
of the most central locations in New Delhi: Karol Bagh.
Rooms
The 26 air-conditioned rooms at Hotel Raunak Plaza are comfortable and spacious, complete with modern amenities. Rooms are
divided into the following categories: Deluxe, Executive and Super Deluxe. In-room amenities include: LCD screen cable
television, telephone, balcony/ sit out, Wi-Fi internet access, and an attached bathroom with bathtub and 24 hour hot/cold
water. 24 hour room service is available.
Dining
Hotel Raunak Plaza has an excellent multi-cuisine restaurant that serves a wide variety of delicious and wholesome dishes all
day long, in Indian, Chinese, and Continental cuisines. The hotel also has a 24 hour coffee shop.
Facilities
Hotel Raunak Plaza offers a range of facilities and services to its guests, including: fully-equipped conference hall (seats
up to 50 persons in theatre style), business centre with secretarial/ fax/ e-mail/ internet facilities, banquet hall, parking
facility for 30 cars, travel desk, taxi services, sightseeing tours, laundry services, doctor on call, safe deposit
facilities, currency exchange, babysitting service (on request), personal beauty parlour and barber services (on request),
and video games for children on request.
Our priority is to provide an Excellent Service, Customized as per Customers Requirement and Flexibility. Our Main Mission is
to satisfy every CUSTOMER, every time through outstanding and personalized services. We are dedicated to the customer’s
experience and are constantly evaluating how we can improve upon this. It is supplemented with richness of experience and
motivated by passion of entrepreneurship, the company is always in the process of expanding its operations to broaden the
horizons of travel solutions to business groups and individuals alike. We guide and inform our customers to travel throughout
the world. Raunak Hospitalities covers almost all the issues and places that might interest a tourist who is planning a trip.
Our company is operated by a team of tourist professionals who work hard to achieve the expectations and travel dreams of the
customer. We have managers and executives who manage your esteemed accounts giving them personalized attention. Our team
consists of dynamic and energetic experts who can go to any extent to ensure the highest quality standards. We maintain a
work culture of honesty, reliability and sincerity. We have the latest state-of-art infrastructure for our efficient
communication network.
We are in the process of maintaining exceptional quality and have already applied for the ministry of tourism. Our quality
check ensures and supervises all the actions of our visitors while taking suitable measures at each stage to provide
committed services.
Cheap accommodation in new delhi india with elegance and luxury facilites. Hotel raunak provides online reservations. It is
economical, reasonable, commercial and business hotels.
Hotel Raunak International
4/38, W. E. A. Saraswati Marg, Karol Bagh
New Delhi
India
110005
Phone:
+91-011-45060000
+91-011-45060006
Fax :
+91-011-45060001
Website: http://www.hotelraunak.com
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| 3. |
Trekking in Nepal
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Trekking in Nepal is a paradise, as Nepal has been known to be the best destination for trekkers in the world. Nepal has some of the most spectacular, exciting and breathtaking trekking that nowhere can be found in the world, therefore, Trekking in Nepal is the special for mountain lovers, to those who would like to discover the diverse range of flora and fauna, varieties of the culture or simply to have special holidays in the majestic mountains.
Trekking in Nepal has known for 100 years, as the trekkers come to view the diverse lifestyle of the inhabitants in the mountain regions. No doubt, the hospitality of the people living the Himalayas enchants trekkers in such a way that they come again and again and have fondest memories of Nepal throughout their life.
Nepal is a country of friendly people belonging to many different ethnic groups, each having their own variety of culture, religion, festivals and castes etc.
Nepal owns the lowest elevation to the highest peak of the earth. Furthermore, of the 14 highest peaks above 8,000m in the world, Nepal owns over eight the highest mountains and over 1300 peaks above 6,000 m. Therefore, while you have a trekking in Nepal, you have a chance to explore these giant Himalayas on foot, there is no doubt that you will be exhilarated while you have holidays in Nepal.
Furthermore, most of trekking regions of Nepal are encompassed by national parks, which have a diverse range of wildlife, including rare and endangered species. So, when you have trekking, if you are lucky you may even spot tigers or elusive snow leopards in the Himalayan area.
Your trekking involves walking through diverse forests, from sub tropical to alpine as well as different landscapes, lush alpine meadows and rocky snow covered passes, ice falls, glaciers, high altitude and frozen lakes. Therefore, Nepal can be the best destination to spend your holiday with much thrill.
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| 4. |
Vietnam Tourist Arrivals to Surpass 5 Million by 2010
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According to our new research report, “Vietnam Tourism Industry Forecast to 2012”, various initiatives taken by the government and increasing number of Chinese tourists will fuel growth into the tourism industry of Vietnam. The total tourist arrivals to the country are forecasted to reach around 5 Million by 2010.
As per the research report, increase in the number of tourists over the past years has mainly been driven by aggressive marketing campaigns by the government of Vietnam along with Vietnam National Administration of Tourism (VNAT), aimed at promoting the country’s tourism industry. Besides this, in order to minimize the impact of recession and attract more foreign visitors to the country, Vietnam is going to organize a “Sea Festival”, which will be held in Paris, in the last week of April 2009.
The research report says that China has been the largest tourism market of Vietnam for past several years. In 2008, Vietnam received 650,055 Chinese tourists which represent more than 15% of its total international visitors. To further boost the number of tourists, the government has recently given a green signal to the Chinese tourists who hold passports to travel to Vietnam after three years of postponement. Government of Vietnam is also opening various sea tourism routes linking with China.
Our research report “Vietnam Tourism Industry Forecast to 2012” provides an in-depth analysis of the present and future prospects of Vietnam’s tourism industry. It looks into the tourism industry of Vietnam in detail with the focus on different parameters like inbound and outbound tourism, expenditure by inbound and outbound tourists, domestic tourism, accommodation facilities, transportation facilities, and aviation industry. This report provides strategic insight to clients to analyze the opportunities for their success in the Vietnamese tourism industry.
The research also features forecast on the factors critical to the industry, including forecast on tourist arrivals in ASEAN countries, international tourist arrivals, international tourism receipts, international tourist departures, domestic tourist arrivals, rooms in hotels and guest houses, hotel rooms in Hanoi, outbound tourists from China, personal disposable income, GDP real change, and breakup of Vietnamese population.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM003.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 5. |
Dalmacijatour - visit Croatia and Czech republic
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Croatia -adrenalin,active sports, robinson vacation-holiday. Fishing, rafting, climbing, big game fishing, paintball, canyoning, canoe kayak, horseback riding, mountain bike, falcon centre, pirate sailing, surfing, agro tourism..
Prague, Czech Republic. We offer accomodation in 2-5* hotels for individuals and groups. Guides, sight-seeing tours, Czech castles, mountains, skiing, spas, western city-wild west… Dalmacijatour -travel agency
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