We have been selling Egypt for many years, but the last year the country has been really popular,” said Baher Ghabbour, SGI chairman (Central Holidays’ parent company) and CEO. “We are approximately 200 percent above our sales in 2017.
Central Holidays reports that Egypt tourism is having a tremendous comeback, after languishing in a trough for years following the Arab Spring of 2011. The tourism downturn was devastating to the Egyptian economy, and it was the longest-lasting setback in Egypt in modern memory.
Central Holidays, backed by Egypt-headquartered parent company Sakkara Group International (SGI), announced new Egypt-focused initiatives to meet the growing demand for travel to the country.