The Egyptian hospitality and tourism market is showing signs of recovery in 2018 after experiencing a slowdown in 2017 and the year before. The construction market in Egypt is also making strong advances following a heightened period of geopolitical unrest.
As per BNC Intelligence, there is over $363bn worth of ongoing construction projects in Egypt, of which approximately 5% belong to the hospitality sector.
Despite some growth challenges, the Egyptian government is investing in tourism and hospitality sector to diversify economic activities and create new employment opportunities.
This report is published for The Big 5 Construct Egypt, set to take place from 18-21 September 2018 at the Egypt International Exhibition Center.