Targeted market 

Tourists preferring eco and nature tourism in natural protectorate, beaches and other nature destinations.

Project description

This includes various possible projects focusing on Eco-lodges, Camps, and Restaurants/Cafes in national protected areas. A sample case is Abu Galum Blue Hole protectorate where a plan to establish an eco-lodge is designed.

Competitive edge

Serving a rapidly growing market. The Eco-lodge provides faster payback than all other forms of tourism and consumes 75% less of resources than mass tourism.

Market features

If only 1 million visitors participate in ecotourism activities in Egypt, they will generate approx. USD 5.2 billion/year of businesses with a 1.6% predicted growth in GDP

CAPEX

60 million EGP

OPEX

18 million EGP

Payback

1 year

Typical payback of Ecolodges versus other types of tourism

Eco-lodges

CAPEX EGP 30 – 45 million/project --> Payback 2 years

Camps

EGP 9 million/project --> Payback 2-3 years

Restaurants/Cafes

EGP 5 million/project --> Payback 3-4 years

Total potential

Total possible investments of 990 million EGP

Environmental impact

Eco-tourism produces more revenues and better payback than other forms of tourism. It also produces less waste, emissions and uses less energy than other forms of tourism per tourist. At least 75% reduction takes place as shown below.

Waste generation comparison kg/tourism/day

Energy consumption per tourist per day in kWh

Social impact

Create local jobs and business opportunities for neighboring communities.