Egypt’s Ministry of Tourism is determined to keep the good times rolling for stranded visitors.  Although hotels are overbooked by 7 percent in the Red Sea resort town of Hurghada and well over 80 percent in Sharm El Sheikh, hotel owners have been ordered not to expel guests who have overstayed their reservations. 

Tour companies must continue to foot the bill for tour groups who overstay and if lodgers are traveling solo, hotels are obliged to offer them low rates. If travelers are in financial trouble, they have been advised to contact their embassies.

Stranded Europeans are taking full advantage.

“The travel agent, they pay all for us, room, food, drinks, everything,” said Ulf Daahlbom of Gothenburg Sweden.  He took a five hour taxi ride from Hurghada to take in the sites in Cairo.  “It was beautiful here.  I have been at the Pyramids and the Egyptian museum.” 

Two engineers from Ireland and Scotland couldn’t conceal their smiles as they sat in the shade of a tree after a day in 100 degree heat at the Pyramids and Egyptian Museum.  They had been on their way back home from work in the Suez Canal zone when they were obliged to take an all-expense paid vacation. 

Charlotte Krum, a stewardess for Scandinavian Air, has nothing to go back for since her airline has been grounded.  She and her husband and four children were on a Red Sea get-away when spewing volcanic ash extended their stay.  “It’s nice for us to have the opportunity to show them [the children] all the sites in Cairo,” she said. “We just came from the Pyramids and now we go to the museum.  We are trying to make the best out of it.”

Krum and her family came to Cairo to try and get a flight to Greece, but seemed in no hurry. Traveler’s insurance covered the first four days of their stay.  “Everything has been working out quite well.  We have some nice rooms here.”

Egypt jealously protects its biggest money earner: tourism.  About 12 million tourists, at least 65 percent of them from Europe, bring in about 11 billion dollars a year and 12.6 percent of the workforce lives off of tourism.  All guests are welcome, even those who overstay. 

While many hotels over overbooked, EgyptAir and other regional carriers sit idle on the tarmac.  They are suffering to the tune of 250 million dollars a day.  Before noon on Monday, more than 16 planes were grounded on Cairo’s tarmacs.

But in Egypt’s airports, you won’t find hapless visitors trying to catch some sleep on makeshift bedrolls, or slumped in plastic chairs. Tour guides are under strict orders not to drop anyone off at the airport until they have confirmed their flights.

Source: MSNBC (http://worldblog.msnbc.msn.com/archive/2010/04/19/2274604.aspx)

Egypt recorded a 24 percent increase in tourism revenue in the first quarter of 2010 as the industry recovered from last year’s global financial crisis, the tourism minister said.

Revenue increased to $2.7 billion for the three months through March, Zoheir Garranah said in a telephone interview today from the city of Luxor in southern Egypt. Tourist arrivals advanced 29 percent to 3.46 million visitors, he said.

“We have completely rebounded,” Garranah said. “But still I believe this country deserves more.”

The Egyptian economy depends on tourism, foreign direct investment and the Suez Canal for foreign currency. Tourism, which accounts for more than 12 percent of jobs, generated $10.76 billion in 2009, according to the ministry.

The economy of Egypt, home to the Pyramids of Giza, grew 4.7 percent in the fiscal year through June, beating the forecast of the International Monetary Fund. The government expects the economy to grow more than 5 percent this fiscal year.

Besides its historical attractions, Egypt also draws tourists seeking sun, sand and diving along its Red Sea coast and in the Sinai Peninsula. Russia maintained its position as the main source of tourists to the Arab country, with arrivals from the country growing 93.5 percent in the first quarter and revenue increasing 80 percent over the same period in 2009, the minister said.

Source: Business Week (http://www.businessweek.com/news/2010-04-15/egypt-tourism-revenue-surges-as-tourists-flock-back-update1-.html)