Tourism as a major industry….positive influence of tourism on Real estate and construction market. Tourism & Construction are one of the major industries in Egypt, with a rapid rate of growth from year to another; a million of foreign investments have been transferred to be invested in Egypt's Real Estate and Hospitality projects with a profit income of about 10%, in such current commercial situation; where else would you find this return in any country.
Even more a new and increasing investment from wealthy Gulf neighbors is beginning to transform previously undeveloped areas of the Red Sea and the Mediterranean coast.

The Real Estate and constructing market in Egypt has been focused on especially after it went down and could not resist the dramatic ups and downs of economic in many other countries like Dubai.

According to a recent report of the Egypt Tourism Sector, and with respect of Hospitality rates in 2007, official data shows that the total number of tourist nights increased strongly by 24.8% this is almost is 111.5mn- the most favorable outturn for the hospitality sector (in terms of growth rates)

Since 2004. The average length of stay during the period was 9.3 nights. The number of nights by arrivals from Europe totaled about 72.2mn, This was up an impressive 31.4% compared with 2006.

The rise in both visitor arrivals and average nights has seen tourist nights almost quadruple between 2001 and 2007.Given that Real Estate market in Red sea region depends primarily on the foreign customers, the ration of annual foreign visitors to Red Sea forms a big difference and affect directly on the market's performance ups and downs.

Internet research By: Report Buyer, London, UK

The Jones Lang LaSalle's most recent report, Global Real Estate Transparency Index shows that Egypt is now 59th out of the 82 countries and in the top 10 most improved countries around the world. One of the factors in this has been the opportunities available to fly to let investors to get a good deal. Unlike other real estate market in many countries, and due to the low prices that the Egyptian market offers, it attracted buyers from everywhere around the world and became the first destination for many foreigners to buy a home in.