Travco Sees New Recovery Signals

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The Egyptian tourism industry is proving its resilience to the world, and affirming that all the forecasts of its rebound aren’t just optimistic estimations but a fact that is proved and still proving itself to be true.

The Egyptian tourism industry is proving its resilience to the world, and affirming that all the forecasts of its rebound aren’t just optimistic estimations but a fact that is proved and still proving itself to be true.
Travco believes that relying on the historical and cultural aspects of Egypt as a touristic destination isn’t enough to speed the recovery; on the contrary, it believes in the significance of the collaboration between all industry partners and the tourism authorities. As a result of this cooperation, the tourism sector started witnessing new recovery signals.

TUI Nordic, Travco’s partner and a Scandinavian leading tour operator, has recently announced the commencement of its operations to Hurghada in summer 2011 from the four Scandinavian source markets, which demonstrates the support of TUI and Scandinavian market to Travco and Egypt. This movement marked a positive approach to the efforts exerted by Travco and the industry to accelerate the rebound process and bring tourists back to their favored destination.

About Travco:
The 14 year award winner Travco Group has permeated every facet of Egypt’s tourism industry, with a unique fully integrated business model. Travco Group International Holding umbrella includes the following brands; Travco Travel the flagship destination management company (DMC) of the group handles more than 1.4 million tourists annually. Their renowned hospitality brands are the luxury hotel brands Jaz, Iberotel, Sol Y Mar Hotels & Resorts and Travcotels Nile Cruises. This is in addition to the leading German hotel chains recently acquired, Steigenberger Hotels & Resorts and InterCity Hotels. Travco Properties is Travco’s real estate development arm and features two mega developments namely Almaza Bay on Egypt’s North Coast and Madinat Makadi on the Red Sea. Travco Transport and Prestige Cars oversee the transportation fleet.

For further information, please visit: www.travcogroup.com