Tourism Market

Tourism is the biggest revenue stream for Egypt, which holds one third of the worlds known monuments.

"Estimates indicate that tourism will generate some $6.1 billion in 2004, thus ranking the Egyptian tourism market as the 28th largest market in the world. Egypt’s tourism industry, the country’s biggest source of foreign currency, is beginning to recover from a slump caused by the global financial crisis, Tourism Minister Zoheir Garranah said.

Egypt, where the landmarks of the ancient civilizations are visible to the naked eye, an incarnation of the nations that constructed these civilizations since the dawn of history. Despite the multiple types of tourism, and Egypt's cultural tourism remains the unrepeated, unique and non-competitive component of tourism as Egypt possesses one third of the world's known monuments."

Egypt's tourism is major source of foreign currency.

Source:

http://www.bloomberg.com/apps/news?pid=20601110&sid=aJ.hYzVm2TFA
http://www.sis.gov.eg/En/Tourism/Introduction/060100000000000001.htm … "Tourism Market" has a significant impact, so an analyst should put more weight into it. "Tourism Market" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. "Tourism Market" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.