Egypt to host first corporate travel exhibition to boost tourism

Over the past three years, Egypt’s tourism revenue has plummeted to a mere five percent of what it was prior to the January 25th revolution in 2011. In 2010, Egypt’s tourism revenue accounted for £250 million (approx. EGP 2.5 billion), and in 2014, those numbers have fallen to £10.5 million (approx. EGP 121 million).

Egypt’s political, social and economic turmoil has directly affected its tourism sector. With travel warnings and social unrest, many foreigners have avoided visiting Egypt.

In an attempt to tackle this issue, Egypt is launching its first ever Corporate Travel Market exhibition for the international corporate travel sector. The Corporate Travel Market (CTM) exhibition is set to take place on 14-15 September, 2014.

Mostafa Sultan, the Founder and CEO of CTM, explains in an interview with Egyptian Streets that CTM is intended to be, “a comprehensive one-stop shop for corporate travel buyers.” This includes hotels, travel companies, airlines, medical providers, repatriation services, mobile telecommunications providers and travel insurance providers.