The evaluation of Cairo, Marrakech and Tunis reveals that throughout all three cities, the direct GDP contribution from Travel & Tourism, sector jobs, and customer spending are all bouncing again to pre-pandemic ranges.
LONDON, UK – The World Travel & Tourism Council (WTTC) has revealed optimistic indicators of restoration for the Travel & Tourism sector in key North African metropolis locations, offering a large increase to economies throughout the area.
The report, researched in partnership with Oxford Economics, analysed key indicators reminiscent of Travel & Tourism’s contribution to GDP, employment and traveller spend.
The evaluation of Cairo, Marrakech and Tunis reveals that throughout all three cities, the direct GDP contribution from Travel & Tourism, sector jobs, and customer spending are all bouncing again to pre-pandemic ranges.
The WTTC Cities Economic Impact Report reveals that in 2019, the Travel & Tourism sector contributed over $5.6BN to Cairo’s financial system, greater than $1BN to Marrakech’s and over $1.2BN to Tunis’s.
But the pandemic then had a dangerous impact on economies throughout North Africa as borders closed to abroad guests.
Prolonged border closures in supply markets reminiscent of Germany, the UK and Italy, delayed the return of tourists from these international locations and had a big affect on the sector’s GDP throughout North Africa as a consequence of decrease customer numbers.
In 2020, throughout all three cities Travel & Tourism’s GDP contribution dropped by greater than half, falling to $1.95BN in Cairo, $497MN in Marrakech, and $450MN in Tunis.
Over the final two years, since worldwide journey restrictions have been lifted, all three cit-ies have witnessed recoveries.
In 2022, Cairo’s sector is anticipated to have grown to over $4BN, 28% under 2019 ranges whereas in Marrakech, the sector is forecast to have reached almost $870MN, 17% under 2019 ranges.
In Tunis, the sector is predicted to have reached nearly $880MN, 29% under 2019 ranges.
Julia Simpson, WTTC President & CEO, mentioned: “Cities across North Africa have long been pop-ular tourist destinations. After more than two years of disruption, it’s great to see tourists are heading back to the region. These cities are resilient and are on the road to recovery, demonstrating the enduring ap-peal tourist destinations across North Africa hold for international travellers.It is crucial that the national and local governments continue to recognise the importance of Travel & Tourism for the local and national economies, jobs and businesses.”
Jobs on the rise
In 2019 there have been greater than 246,000 individuals employed by the Travel & Tourism sector within the Egyptian capital. In 2020 this determine dropped to only underneath 139,000 (-44%), however in 2021, employment grew by 25% to nearly 174,000 jobs, and is anticipated to have grown an extra 20% in 2022 to achieve almost 209,000 jobs.
In Marrakech and Tunis, it’s an analogous image.
Before the pandemic, there have been over 102,000 Travel & Tourism jobs in Marrakech, however this quantity fell by almost 18,000 to only underneath 85,000 in 2020. A small 3% rise in 2021 noticed the quantity improve to greater than 87,000.
WTTC is forecasting employment within the sector to develop 5 instances as quick in 2022 to achieve almost 100,000 jobs – simply 3% fewer jobs than earlier than the pandemic.
In Tunis, there have been over 43,000 jobs in 2019 falling to only underneath 30,000 the next 12 months (-31%). In 2021 job numbers grew by 9% to barely over 32,000 and WTTC predicts an extra 8% rise in 2022 to achieve 35,000 jobs.
The report additionally reveals that the sector’s contribution to the three cities will improve by greater than $7.4BN over the following decade to achieve a mixed $13.3BN.
According to the worldwide tourism physique’s forecast, Cairo’s Travel & Tourism sector is anticipated to extend by greater than $5BN contribute over $9.1BN, whereas Marrakech’s will present a lift of virtually $1.4BN by 2032 to achieve simply over $2.25BN yearly.
WTTC additionally predict that the Tunis Travel & Tourism sector will improve by nearly $1BN over the following decade to achieve $1.85BN.
Vicky is the co-founder of TravelDailyNews Media Network the place she is the Editor-in Chief. She can also be accountable for the every day operation and the monetary coverage. She holds a Bachelor’s diploma in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has a few years of each tutorial and industrial expertise throughout the journey trade. She has written/edited quite a few articles in numerous tourism magazines.