Trevolution Group Sees Surge in Egypt Travel, Exceeding $1.2 Billion in 2024 Bookings
Egypt's tourism industry is experiencing a boom like never before, with demand for travel to the country soaring in 2024. Trevolution Group, the travel division of Dyninno Group, has reported a remarkable surge in bookings, surpassing $1.2 billion in gross travel sales this year. The group's latest commercial results reveal a 5% increase compared to 2023, underscoring Egypt's growing appeal as a global travel destination.
According to Trevolution Group, the demand for flights to Egypt jumped by 30% year-over-year, fueled by key developments in the country's tourism sector. The total number of unique tickets issued rose to 980,092, marking a 16% increase, while flights operated by Egyptair saw a 10% rise in bookings. Cairo and Alexandria remained the top destinations for inbound travelers.
Egypt's Strategic Push to Boost Tourism
Egypt's tourism renaissance in 2024 has been driven by several strategic initiatives, including infrastructure improvements and marketing campaigns aimed at attracting international visitors. The opening of the highly anticipated Grand Egyptian Museum in Cairo has played a pivotal role in drawing global attention, while the government's Living 365 campaign—targeted at Gulf and Arab markets—has further fueled demand.
With over 15 million tourists visiting Egypt in 2024, the country has solidified its position as one of the fastest-growing travel hotspots. This growth has also been reflected in Trevolution Group's rankings, where Egypt emerged as a leading destination alongside the United States, the Philippines, India, Canada, and Italy.
'We are witnessing an unprecedented rise in demand for travel to Egypt. The country's strategic investments in tourism infrastructure, coupled with our strong airline partnerships, have made Egypt a more attractive destination than ever before,' said Alex Weinstein, Founder of Dyninno Group. 'We are proud to play a role in facilitating travel to Egypt and look forward to further growth in the region.'
Changing Travel Trends and New Consumer Behavior
A shift in travel patterns has been evident this year, with more travelers opting for flexible and last-minute trips. The number of one-way tickets booked to Egypt surged by 62%, while round-trip demand grew by 22%. There was also a significant 52% increase in last-minute travel (booked within 0-10 days of departure), reflecting a growing trend of spontaneous travel to Egypt.
Despite a growing appetite for premium travel, 92% of passengers traveling to Egypt still preferred Economy class, while 8% opted for Business class flights. The top outbound destinations for travelers departing from Egypt included the United States, Saudi Arabia, and the United Kingdom.
Innovation in the Travel Industry
Trevolution Group has also been making strides in the travel sector by launching innovative platforms to enhance the booking experience. In 2024, the company introduced Vagamo, an online platform designed for flexible booking with expert support, as well as Dreampass, a travel app featuring Dreampass Plus, a subscription-based loyalty program. Since its launch, Dreampass has attracted over 13,000 members and generated $1.6 million in revenue within six months, reinforcing Trevolution Group's commitment to elevating customer experience.
As Egypt continues to strengthen its position as a top global travel destination, the surge in demand witnessed by Trevolution Group signals a bright future for the country's tourism sector. With sustained investment in infrastructure and innovative partnerships, Egypt is well on its way to welcoming even more travelers in the years ahead.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
8 hours ago
- Mid East Info
MBRF signs MoU with Bibliotheca Alexandrina to promote knowledge accessibility for all, particularly people of determination
The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) signed a Memorandum of Understanding (MoU) with the Bibliotheca Alexandrina (BA) in the Arab Republic of Egypt to create joint knowledge projects that facilitate seamless access to educational and knowledge content, especially for people of determination. This move is a testament to MBRF's commitment to promoting and empowering knowledge-based communities both regionally and globally. The MoU was signed by His Excellency Jamal bin Huwaireb, CEO of MBRF, and Dr. Ahmed Zayed, Director of BA. During the signing ceremony, both parties expressed their interest in this institutional collaboration, which signifies a pivotal step in the efforts to enhance Arab knowledge and intellectual development. The agreement covers various areas of collaboration, with a key focus on producing DAISY-format digital talking books to enhance knowledge accessibility for individuals with visual impairments. Additionally, the MoU outlines plans for joint training programs, exchange of expertise in library science, and the organization of engaging and innovative cultural and knowledge-based events. H.E. Jamal bin Huwaireb said: 'Our collaboration with the prestigious and historic Bibliotheca Alexandrina marks a significant milestone in our continued efforts to position knowledge as a cornerstone of sustainable development in the Arab world. In line with MBRF's vision to empower individuals and strengthen communities in navigating future challenges, we firmly believe that impactful knowledge partnerships can open new avenues for meaningful transformation. Through this agreement, we reaffirm our dedication to expanding alliances with leading intellectual institutions and cultivating inclusive, future-oriented knowledge ecosystems that foster accessibility, drive economic growth, and contribute to a more sustainable and prosperous future for generations to come.' Dr. Ahmed Zayed said: 'Our collaboration with MBRF perfectly aligns with our mission to equip people across the Arab world with the intellectual and innovative resources they need to succeed in a rapidly evolving global environment. We are confident that this agreement will lead to groundbreaking initiatives that promote real societal progress by investing in knowledge and ensuring inclusive access to it, especially for communities that require specialized cultural and technological support.' The agreement serves as a practical example of institutional collaboration in the field of knowledge, with both organizations working to expand their social impact through the development and implementation of training programs, the production of accessible and inclusive digital content, and the coordination of joint scientific and cultural initiatives. Through this partnership, MBRF and BA aim to reinforce their roles as key drivers of promoting and spreading knowledge throughout the Arab world.
CairoScene
16 hours ago
- CairoScene
UAE Ranks 1st in Arab World & 32nd Globally for AI Readiness
Coursera's 2025 AI Maturity Index places the UAE first in the region and 32nd globally out of 109 countries. Jun 10, 2025 The United Arab Emirates has ranked first in the Arab world and 32nd globally on Coursera's AI Maturity Index, which evaluates countries' readiness to adopt artificial intelligence based on user data and external metrics from the IMF and OECD. The index reflects the UAE's accelerating efforts to integrate generative AI across public and private sectors. Key government-led initiatives include the planned development of a 5-gigawatt AI cluster and the introduction of AI as a mandatory subject in government schools. These steps align with the UAE's National Artificial Intelligence Strategy 2031, which aims to position the country as a global hub for AI innovation and increase the digital economy's contribution to over 20% of non-oil GDP by the same year. The report shows that the number of learners enrolling in generative AI courses in the UAE grew by 344% year-on-year—more than doubling the global average of 195% and far surpassing the MENA regional average of 128%. According to Coursera's data, 87% of UAE employers prioritise equipping their workforce with technology, AI, and data analysis skills, reflecting rising demand for digital talent. 13% of the UAE's workforce is currently engaged with Coursera's online courses, and the country has seen a 41% increase in professional certificate enrolments, including a 14% rise in cybersecurity programmes. This growth underscores the UAE's regional leadership in digital skill development and workforce readiness. The UAE also ranks first in the region and 38th globally in overall skill proficiency across business, technology, and data science. The country scored particularly high in business skills (85%), with strong results in technology (52%) and data science (59%). Of the 10.8 million users on Coursera across the Middle East and North Africa, 1.3 million are based in the UAE, with an average learner age of 36.
See - Sada Elbalad
17 hours ago
- See - Sada Elbalad
Uzbekistan President Delivers Speech at 4th Tashkent International Investment Forum
Rana Atef On Tuesday, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, delivered a speech at the Fourth Tashkent International Investment Forum. The full text of his speech is as follows: "Dear participants of the forum! Ladies and gentlemen! Dear guests! At the outset, I would like to extend a warm welcome to all of our distinguished guests, high-ranking representatives from our partner countries, heads of international organizations, and prominent figures from the business world, to the Fourth Tashkent International Investment Forum. I am also delighted to welcome His Excellency Rumen Radev, President of Bulgaria, His Excellency Robert Fico, Prime Minister of Slovakia, His Excellency Olzhas Bektenov, Prime Minister of Kazakhstan, His Excellency Adylbek Kasymaliev, Chairman of the Kyrgyz Government, His Excellency Kohir Rasulzoda, Prime Minister of Tajikistan, His Excellency Ali Asadov, Prime Minister of Azerbaijan, Deputy Prime-Minister of Russia Mr. Alexander Novak, Deputy Chairman of the Cabinet of Ministers of Turkmenistan Mr. Nokerguli Ataguliev, who are with us today. I would also like to welcome the distinguished delegations from Russia, China, the United States of America, and the Arab, European, Asian and African countries. Let me express my special gratitude to the heads of the financial institutions working closely with us: Ms. Odile Renaud-Basso, President of the European Bank for Reconstruction and Development, and Ms. Dilma Rousseff, President of the New Development Bank. Today's forum is attended by more than 7.5 thousand delegates, including almost 3 thousand foreign guests from around 100 countries. We see this as a true expression of respect for our country, as well as an indication of mutual trust and close cooperation. Welcome to Uzbekistan, dear friends! Dear participants! The world today is facing big challenges. Serious threats to global security and sustainable development are strengthening, while geopolitical processes are changing rapidly before our eyes. The global arms race is intensifying again. Military spending by major countries has increased by 1.5 times against 2010, reaching $2.5 trillion. Due to the consequences of the economic crisis and a shortage of financial resources global GDP has been declining for three years in a row. Unfortunately, the norms of international law and the power of diplomacy are weakening. Even more regrettably, attention is waning to the most pressing problems of humanity: food security, poverty and climate change. It is more important than ever to restore peace, justice and a shared belief in human dignity around the world. We believe that the situation related to Ukraine must be resolved only through diplomatic means, and we welcome the process of direct negotiations taking place in Istanbul. At the same time, I would like to draw your attention to the ongoing tragedy in Gaza. In the 21st century, the death of so many innocent people before our eyes cannot be justified. The only solution to this problem is a fair settlement of the conflict based on international law and adopted resolutions. The people of Palestine have a right to their own independent state. Another issue on the global agenda is supporting the peaceful and sustainable development of neighboring Afghanistan. Now more than ever, it is crucial to engage in constructive dialogue with the current government of this country on the international stage and to prevent its isolation. After all, stability and economic development in Afghanistan are key factors for the long-term progress of all surrounding regions. On the issues I have just outlined, we urge all our partner states to engage in open and broad-based international cooperation. Because the core theme of the forum is investments that guarantee not only economic development, but also peace and stability! Let us work together to create an investment environment that, alongside generating profit, becomes a strong foundation for upholding human dignity and contributing to societal development! Dear guests! In the current challenging environment, we are focusing our primary attention on maintaining economic stability in Uzbekistan. Our gross domestic product has doubled over the past eight years. We have set a goal to increase it to $200 billion by 2030. Last year, the volume of investments into national economy reached $35 billion, and exports amounted to $27 billion. This is also a practical result of the Tashkent International Investment Forum, now being held for the fourth consecutive year. The effectiveness of reforms in New Uzbekistan is duly reflected in international rankings. Our position in the Index of Economic Freedom has risen by 48 places over the past five years. In the Economic Complexity Index of Harvard University, we improved our standing by 28 positions. Last month, the reputable agency S&P upgraded Uzbekistan's independent credit rating outlook from "stable" to "positive." We all understand that today, the world economy is on the threshold of a new era and changes. This encourages all countries to work together on the path of sustainable development in the following four areas. Firstly, transition to green economy. We are firmly committed to developing green energy to provide our economy with stable energy resources. Over the past short period, nearly $6 billion worth of foreign direct investment has been attracted to this sector. Electricity production has increased from 59 billion to 82 billion kilowatt-hours. In the next five years, this figure will exceed 120 billion kilowatt-hours, and the share of green energy in the energy mix will reach 54 percent. We will also attract $4 billion to upgrade the power grids. In this regard, this year we will transfer the Samarkand power grids, and next year, another 8 regional power grids to private partnership. In addition, we have launched the sale of green certificates and carbon units for the first time. This year, we will join global carbon markets and create a 'Green Uzbekistan' climate investment platform. Secondly, digital technologies and AI are turning into the 'drivers' of the economy. This year alone, IT exports in our country will reach $1 billion. We have enough potential and opportunities to increase this figure fivefold by 2030. Our work has been internationally recognized, and over the year, we have risen 17 positions in the International AI Readiness Index. Next year, 'Cloud Technologies' National Platform will be launched. In the next five years, together with private investors, we will build 20 Data Centers with a capacity of more than 500 megawatts. We will also develop a national model of artificial intelligence that embodies our rich history, values, and new creative ideas. In order to ensure the effectiveness of this system, we have launched the project 'One million AI leaders'. I am confident that together with you, we will turn Uzbekistan into a prestigious IT and Fintech 'hub'. Third, the financial system and technologies are drastically changing in modern world. Recently, together with the International Monetary Fund and the World Bank, we conducted a comprehensive assessment of Uzbekistan's financial sector for the first time. They fully supported our reforms in banking, finance, insurance, and the capital market. In order to take these sectors to the next stage of development a Financial Stability Council will be established in Uzbekistan, as well as cybersecurity and financial technology platforms at the Central Bank. We have also launched major reforms in the insurance system. A National Reinsurance Company and Global Digital Reinsurance Platform have been established. We are witnessing rapid growth of venture capital as an alternative tool for startups. Notably, last year, two local startup companies' capitalization surpassed $1 billion. We are committed to increasing the number of such companies. In this regard, a draft law "On Alternative Investment Funds" has been developed. Our goal is to increase the volume of venture and other alternatives investments to $1 billion over the next five years. There is another significant direction. The Fourth Industrial Revolution is sharply increasing global demand for so-called "technological minerals". Uzbekistan is home to substantial reserves of minerals, including tungsten, molybdenum, magnesium, lithium, graphite, vanadium, titanium, and others. In total, the potential of our subsoil resources is valued at $ 3 trillion. We have all necessary capabilities to transform our region into a hub for the production of high value-added goods from minerals. In this regard, we are constructing "Metals of the Future" techno parks in the Tashkent and Samarkand regions. In this context, I would like to put forward an initiative: investors implementing a full-cycle operation – from geological exploration to the production of finished goods – will be granted rent tax refund for 10 years. I am confident that our long-term productive relations will bring win-win business cooperation in all key areas. Distinguished investors! We are taking all necessary measures to turn the principle of "New Uzbekistan – a country of vast opportunities for investments" into practical accomplishments. First and foremost, I would like to draw your attention to one important point: it is essential to ensure level playing field for each state within global production chains. Undoubtedly, the World Trade Organization plays a key role in this regard. Therefore, we have set the goal to become a member of this organization next year and we are actively working with our partners. To this end we have harmonized dozens of laws and hundreds of standards to international requirements, and this year we will complete this process in full. Second, in order to create a more favorable environment for foreign investors in our country a 'national regime' will be introduced, guaranteeing the same conditions as those enjoyed by local companies, the 'one-stop-shop' principle will be implemented in relations with government bodies, a system of guaranteed protection of investment activities from excessive inspections will also be created. These measures are intended to raise Uzbekistan's credit rating to the "investment" level by 2030. Third, in privatization of state-owned companies, we have opted to transform them into valuable assets that serve the prosperity of our country. To this end, we have established the National Investment Fund that unites state shares in 18 major companies and banks worth almost $2 billion. A world-renowned Franklin Templeton company has been invited to manage the Fund. Next year, the Fund will launch its international IPO. Moreover, professional consultants will be invited to privatize 29 large state-owned companies within two years. Fourth, we recognize the vital role of transport and logistics in our economy. Therefore, we are actively attracting private capital to this sector. For instance, Samarkand, Namangan, Bukhara and Urganch international airports have been handed over to sophisticated investors on the basis of a public-private partnership. The world's leading company, Incheon, has been involved in the management of Urgench Airport. Next year, tenders will also be held for Nukus, Termez, Fergana and Navoi airports. Another significant development is that the population of our capital city has exceeded 5 million. In order to accommodate this growth, we are planning to build the city of "New Tashkent" to house 2 million people, transforming the capital into a metropolis. A "multimodal hub" will be created that covers railway, road transport and airport, serving 20 million passengers in a year. Large shopping and financial centres will also be built. We invite investors, international financial institutions and foreign banks to collaborate with us on this major project. Fifth, as a result of our open and friendly policy towards our neighbours in recent years a new environment for cooperation has been created in Central Asia. The participation of the heads of governments of these countries in today's forum is clear proof of this. Please note that the volume of trade with our neighbors has increased by more than 3.5 times in eight years, reaching almost $13 billion. Large investment projects are being implemented. In particular, construction of China-Kyrgyzstan-Uzbekistan railway has begun, significant progress has been made on preparing major energy and infrastructure projects. More broadly, we propose promoting the 'Concept of an Integrated Region for Investment and Trade' in Central Asia. In this regard, I would like to reach out to international organizations with a following message: the time has come to establish new financial mechanisms to support regional projects. By working together, we can transform Central Asia into a place of peace and prosperity. Dear participants of the forum! We are hosting today's event in a new, expanded format. For the first time, a specialized exhibition is taking place as part of the forum, with Uzbek companies presenting their projects and joint initiatives. I would like to underscore one issue: for us, investment is not just a financial resource. It also encompasses technology, knowledge, qualified personnel and integration into the international production chain – in other words, real development. Uzbekistan will create all conditions necessary for foreign investors with such noble ideas, provide its support and guarantee. All doors are open to you in our country. The most important thing is that there are laws that protect your activity. We have an open state and hardworking people ready for cooperation. I would like to express my sincere gratitude once again to all investors, representatives of foreign governments and international organizations who are participating in today's forum and visiting our country. I wish you all success and great achievements. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
