In 2023, the number of hotels in Egypt was at 0.84 thousand establishments. Historical data from 2013 to 2022 reveals a consistent decline in the number of hotels, marked by year-on-year variations: from -3.24% in 2013 to -3% in 2023. Notably, the CAGR over the last five years leading up to 2023 stood at -2.98%. The forecast suggests continued reduction, with a projected number of 0.703 thousand establishments by 2028. This forecast yields a 5-year CAGR of -2.82% and an overall decrease of 13.32% over the same period.

Key future trends to watch for:

Potential recovery or further decline influenced by tourism policies and global travel trends.
The impact of economic stability and infrastructure development on the hospitality industry.
Adoption of alternative accommodation options, such as holiday rentals, that may affect traditional hotel numbers.