sharm el sheikh

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SHARM EL-SHEIKH EGYPT

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Page 1: Sharm el sheikh

SHARM EL-SHEIKHEGYPT

Page 2: Sharm el sheikh

TASHI CHOZOMYOUSSEF ABODELMONEM

KYLE CHRISTIE

Page 3: Sharm el sheikh

WELCOME

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History

Local Attractions

Target Market

Products and Trends

Supply Industry and Infrastructure

Socio-Economic Effects

Forecast & DevelopmentExpectations

Conclusion

TABLE OF CONTENTS

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Located in the Sianai Peninsula

Mosses had climbed the mount Sinai and recieved “Ten commandments”

40 years ago, this bustling city was nothing but a home to 100 Bedouin

Israeli occupation expanded theinfrastructure gradually

Egypt took over and contiuned expanding even more and marketing the location

HISTORY

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“The bay of Sheikh” also known as “city of peace” -Gaza peace confernce etc.

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LOCAL ATTRACTIONS

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Egypt Travel is an official tourism webset

Book Tour Egypt; offer scuba diving around the Tiran Islands

Quad biking and hiking over the mountain of Sinai Peninsula

Sinai Safari Adventure

TOUR OPERATOR

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Environmental conscience; “Green Sharm project”

Environmental olicies i.e. enhancing eco-lodge facilities, implementing cleanliness standards, awareness of reducingpollution

In 2020, 30-35 million international tourists expected to arrive (30% increase in average tourism expeniture).

TARGET MARKET

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197 Hotels: range 3 to 5 stars

Luxury Resorts like “The Four Seasons” ($852/night)

Other 5 star resorts approx. ($150/night)

SUPPLY INDUSTRY AND INFRASTRUCTURE

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Gift Shops

Bazaars

Malls (Viva Mall)

Shuttle Bus

Taxi

Airport Limo

Microbus

TRANSPORTATION

RETAIL OPTIONS

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Visitor numbers dropped by 28%

Safety and Danger

Regain trust and security

Numbers will double in the future

FORECAST

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Fiscal restructuring and austerity measearues

Highly dependant on oil exports

Economic Development Conference (EEDC)

GDP 3.7% 2015 > 2% 2014

New law

SOCIO-ECONOMIC FACTORS

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Safety

Terrorism

Protests

Security

Tourism

CHALLENGES

IMPROVEMENT

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the end