Friday 20 September 2013

Egypt’s tourist numbers just fell off a cliff | beyondbrics

Egypt’s tourist numbers just fell off a cliff | beyondbrics:

"Egypt’s problems are not exactly unknown. The question for potential tourists is whether things are so bad they should stay away.

It seems many think they should. Arrivals in August plummeted 46 per cent compared with the same month in 2012. That’s the worst drop since March 2011, when the country had just desposed president Hosni Mubarak and was in disarray.

The two charts below tell the story.

The number of arrivals in August has dipped below 600,000 for the first time in more than two years. The drop comes after a decent recovery in tourist numbers during 2012-13, as the 12 month rolling average shows.

The year-on-year figure shows that the poor July figure, when arrivals fell 25 per cent, has got far worse.


Bloomberg

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