The ATM show floor. The ATM show floor.

Egypt will showcase tourism projects worth US$ 5.3 billion at Arabian Travel Market (ATM) 2015 as the tourism on the back of a 2014 recovery.

The country enjoyed a 23.6% increase in tourism revenues in 2014 and a 4.5% increase in tourist numbers, with 10 million arrivals compared to 9.55 million in 2013.

Nadege Noblet, exhibition manager of Arabian Travel Market commented: “Tourism is Egypt’s second most vital income generator and employs over 12% of the population, so these figures are particularly welcome after a difficult few years and the highs of 2010.

“The ATM team is working in tandem with the country’s proactive tourism sector to identify opportunities for healthy, sustained growth and we look forward to showcasing Egypt’s cultural diversity at this year’s show.”

Story continues below
Advertisement

Among the Egyptian exhibitors at the show, which will take place on May 4-7 will be Egypt Express Travel, Al-Tayyar Travel Group, Dana Tours and Standard Tours Online, supported by international hotel chain presence at corporate stands across the show floor.

Emaar Misr is also developing the US $820 million Cairo Gate Mall while the UAE’s Al Futtaim Group is responsible for the US $500 million Al Maza City Centre project and MAF’s US $400 million Mall of Egypt.

Investment into Egypt’s cultural heritage is being spearheaded by the Ministry of Antiquities, which is moving forward with its US $810 million phase three-development plans for the Grand Egyptian Museum.

Outside of Cairo, Luxor will have a US $120 million Four Seasons Hotel while Marsa Alam will be home to Tabarak Holding’s US $150 million Fantasia Resort.

ATM will take place on May 4-7 at Dubai World Trade Centre.

The event will build on the success of last year’s edition with the announcement of an additional hall adding an additional 2000 square metres of floor space.

Last year ATM saw total attendance increase by 12% with 33,000 participants, from more than 131 countries and business deals signed worth more than US$ 2.1 billion over the four days.