CAIRO: Around 12 million tourists are expected to visit Egypt in 2018, the chairman of a leading Egyptian travel and tourism company has said.

Hamed El-Chiaty, chairman of Travco Group, said that a 40-50 percent increase is estimated year-on-year by the end of the 2018/19 season.

Chiaty stressed that Egypt will see new tourists from the British and Ukrainian markets.

He further noted that other new markets will also target Egypt as a touristic destination, such as Latvia, Hungry and Lithuania.

Adding that Egypt’s participation in the recently-held ITB Berlin, the world’s largest tourism trade fair, will yield positive results.

He explained that charter flights will operate from these new markets and fly to touristic destinations in Egypt, thus, a huge influx of tourists will be visiting, in the near future, a report by Al-Masry el-Youm quoted Chiaty as saying.

Travco Group is one of the largest travel and tourism companies in the Middle East.