Egypt is ranked the world's second most price-competitive country for international tourists, according to the "Travel and Tourism Competitiveness Report" (TTCR) 2014-2015 released by the World Economic Forum.
The Sphinx, one of the many ancient wonders in Egypt
The TTCR report assesses 141 countries on a range of aspects linked to their tourism industries, such as safety and security, hygiene, business environment, price-competitiveness, transportation and the country's overall stability. Egypt's high score on price competitiveness (2nd) for travelers shows that the country is perhaps one of the best value destinations to travel in the world.
While there are no statistics shown on the TTCR indicating the approximate cost for a trip to Egypt, a study made by Tripadvisor provided some figures as evidence. According to 2015 TripIndex Cities (annual TripAdvisor cost comparison study), Sharm El Sheikh, a hot destination in Egypt's Red Sea area, is revealed as the third cheapest international destinations, with a three-day trip for two persons estimated at about $820.26, only after Hanoi($732.18) in Vietnam and Warsaw ($739.38) in Poland. The cost for each day factors a four-star hotel stay, an organized tour or activity at local attractions, a 2-mile round-trip taxi ride, as well as lunch and dinner.
Top 10 Price-Competitive Countries, According to World Economic Forum
Top 10 Least Expensive Cities, According to Tripindex Cities
1. Hanoi, Vietnam
2. Warsaw, Poland
3. Sharm el Sheikh, Egypt
4. Bangkok, Thailand
5. Mumbai, India
6. Lisbon, Portugal
7. Kuala Lumpur, Malaysia
8. Marrakech, Morocco
9. Manila, Philippines
10. Berlin, Germany