An amazing growth of Egypt’s travel and tourism sector along with the continuing decrease of South Africa’s Travel and Tourism GDP might change the existing ranking and make Egypt the largest tourism destination on the African continent next year.
Travel and tourism in Africa is on the rise. It grew 5.6% in 2018 compared to the global average of 3.9% and the broader African economy rate of 3.2%. This makes Africa the second-fastest growing tourism region, with only Asia-Pacific ahead.
According to the new stats released by the World Travel and Tourism Council (WTTC) South Africa’s Travel and Tourism GDP shrank by 1.9% in the past year to $32.1 billion (R464.8 billion). At the same time, Egypt’s travel and tourism sector increased by 16.5% and became the fastest growing in North Africa. The gain to the country’s economy equaled $29.6 billion (R428 billion).
So far, South Africa manages to keep the leading role but its poor performance compared to other rivals is likely to cause the loss of that position by early 2020 unless the existing tourism growth patterns change dramatically.