Museum Draws New Tourists

Mohamed Farouk, a member of the General Assembly of the Chamber of Tourism Companies, said the Grand Egyptian Museum had spurred hotel investment nearby. One- to four-star hotels opened, attracting tourists for whom five-star accommodation was too expensive. The wider range of lodging options also increased visitor spending, while some nearby five-star hotels raised their prices by more than 40% compared with rates before the museum opened. He added that the museum encouraged tourists who had visited Egypt before to return and had become a key stop on tour itineraries. This helped boost occupancy at both cruise ships and land-based hotels in Luxor and Aswan before the outbreak of the Iranian-American war.

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