Update: 18 Feb 2011: After Hosni Mubarak’s February 11th resignation as Egypt’s president, the Egypt travel industry looks set for quick recovery. Already, some countries, like the UK, have eased their Egypt travel advice. Some big travel agents have announced plans to resume trips to Egypt as early as next week.
It is still important to continue monitoring the situation before making your holiday arrangements, but I remain optimistic the situation will get back to normal very quickly. If you plan to travel to Egypt any time soon, I recommend that you take a look at some of these great Egypt holiday packages at the Africaguide website.

The Great Pyramid at Giza. One of Egypt's key attractions
At the time I am writing this post, the news about the ongoing street protests in Alexandria, Cairo, Aswan and other cities in Egypt is almost stale news. Global news websites like CNN have covered the two-weeks old political unrest in great detail.
The political implications of the protests aside, the tourism industry is turning out to be the biggest loser so far. Just yesterday, Thomas Cook announced that the Egyptian and Tunisian protests will cost them about £20million. This is as a result of booking cancellations and emergency evacuation.
Consider the fact that Thomas Cook is just one of the several hundred travel agents that organize holidays to Egypt. Compared to Thomas Cook, most other travel agents may be smaller, but their combined total volume of business is obviously very big. I am not an expert in economics, but logic (twisted perhaps) tells me that if all agents are facing cancellations of similar magnitude, Egypt has already lost tens of billions of dollars in tourism revenue in these two weeks. Read the rest of this entry »



