Tourism revenue up by 56 per cent in first half of 2023
Friday, August 11, 2023
Tourists after visiting mountain gorillas in Volcanoes National Park. SAM NGENDAHIMANA

The current tourism figures show that Rwanda generated $247 million in the first half of 2023, a 56 per cent increase compared to $158 million in the same period in 2022, Rwanda Development Board (RDB) announced in a statement published on August 10.

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The tourism industry continues to be one of the fastest-growing sectors in the country, generating millions of dollars in revenue each year.

The 2022 annual report by RDB states that tourism revenues rose by 171.3 per cent from $164 million in 2021 to $445 million (about Rwf496 billion) recorded in 2022.

The growth represents a remarkable 89.3 per cent recovery compared to the pre-Covid-19 pandemic period, indicated the report. The growth in tourism revenue was also above the earlier projected revenue ($350 million) for 2022.

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As noted, the country’s tourism sector faced a very challenging year (2020) as global tourism and travel fell sharply in the wake of the covid-19 pandemic.

According to the report, in 2022, Rwanda welcomed a total of more than 1.1 million international visitors. Of these, the report showed, more than 60 per cent came from African countries, highlighting the country’s growing popularity as a destination within the continent.

Furthermore, 47.5 per cent of the visitors came for business purposes, reflecting Rwanda’s positioning as a hub for business activities, it added.