Egypt
Egypt competing with Spain for tourists
Reuters UK
Egypt announces measures to bolster tourism
Yahoo! News
See the above pages for more.
- Drop In Tourism
VOA News Thanks to Rhio Barnhart for this link. A slump in tourism is aggravating Egypt's economic woes and affecting the lives of those who depend on the industry for a living. About 20 percent of Egypt's foreign currency earnings come from tourism....
- Egypt Sees Lower Tourism Revenue, Warns Of "panic"
Bloomberg (Tarek Al-Issawi and Abdel Latif Wahba) Egypt expects lower revenue from tourism this year because of the global financial crisis and its impact on the Egyptian economy, Egypt's minister of tourism said. The country's tourism industry,...
- Egypt To Develop Ecotourism And Medical Tourism To Increase Earnings
Yahoo! News Egypt hopes to boost its tourism earnings by 26 percent to 12 billion dollars by 2011, the official MENA agency reported on Saturday. According to a plan launched by Tourism Minister Zuheir Garana, Egypt hopes to welcome some 14 million tourists...
- An Ambitious Plan To Attract 25 Million Tourists By 2022
Egypt State Information Service “The number of tourists visiting Egypt is expected to reach 14 million by 2011,” said the Tourism Minister Zohair Garana on Monday18/2/2008 at a meeting of the Shura Council's committee on tourism and culture....
- Impact Of Bombings On Tourism
http://tinyurl.com/h4czn (Reuters)"Tourist bookings to Egypt have dropped since last month's attack that killed 18 people at a Sinai resort but the tourism minister said on Monday he hoped to attract an extra one million visitors in 2006. Tourism...
Egypt
Tourism: Egypt taking measures to protect tourism
Egypt competing with Spain for tourists
Reuters UK
Egypt's tourism industry, the country's top hard currency earner, has started to feel the pinch of the global financial crisis, with hotel bookings down 30 percent in January 2009 compared to the same month in 2008.
Fathi Nour, chairman of state-owned Misr Hotels, one of the country's biggest hotel firms, said Wednesday the global nature of the turmoil has placed Egypt in competition with top tourist destinations that may slash prices to attract visitors.
"Spain has become a competitor. It will reduce prices to attract people. Spain now is looking at Egypt as a competitor. We were not competitors before," Nour, who is also a board member of the Egyptian Hotels Association, told Reuters.
The number of visitors arriving in Egypt, home to some of the world's most famous ancient monuments such as the Pyramids of Giza, is expected to reach 13 million in 2008, 19 percent more than in 2007, the tourism ministry said in November.
In Spain, meanwhile, the number of tourist arrivals declined by 2 percent to 54.6 million people in the 11 months to November, marking another blow to the country during the collapse of residential construction and real estate sectors.
Egypt announces measures to bolster tourism
Yahoo! News
Egypt will exempt hotels from paying contributions to the country's tourism promotion authority and will cut fees paid by charter flights to help its tourism industry cope with the global financial crisis.
"The minister (of tourism Zoheir Garrana) has agreed to exempt hotel establishments from tourism promotion fees which the ministry collects from the hotels to lessen their burdens during the financial crisis," state news agency MENA quoted Assistant Minister of Tourism Hisham Zaazou as saying.
Egypt's tourism industry, the country's top hard currency earner, has started to feel the pinch of the global financial crisis, with hotel bookings down 30 percent in January 2009 compared to the same month in 2008.
MENA said the ministry of tourism would also set up a working group to deal with the fallout of the crisis, with measures being reviewed and changed every three months.
Zaazou added Egypt's aviation minister had agreed to reduce landing and take-off fees, as well as ground handling fees for charter flights, and waive them entirely for charter flights that make 11 trips to designated destinations in the span of three months.
See the above pages for more.
- Drop In Tourism
VOA News Thanks to Rhio Barnhart for this link. A slump in tourism is aggravating Egypt's economic woes and affecting the lives of those who depend on the industry for a living. About 20 percent of Egypt's foreign currency earnings come from tourism....
- Egypt Sees Lower Tourism Revenue, Warns Of "panic"
Bloomberg (Tarek Al-Issawi and Abdel Latif Wahba) Egypt expects lower revenue from tourism this year because of the global financial crisis and its impact on the Egyptian economy, Egypt's minister of tourism said. The country's tourism industry,...
- Egypt To Develop Ecotourism And Medical Tourism To Increase Earnings
Yahoo! News Egypt hopes to boost its tourism earnings by 26 percent to 12 billion dollars by 2011, the official MENA agency reported on Saturday. According to a plan launched by Tourism Minister Zuheir Garana, Egypt hopes to welcome some 14 million tourists...
- An Ambitious Plan To Attract 25 Million Tourists By 2022
Egypt State Information Service “The number of tourists visiting Egypt is expected to reach 14 million by 2011,” said the Tourism Minister Zohair Garana on Monday18/2/2008 at a meeting of the Shura Council's committee on tourism and culture....
- Impact Of Bombings On Tourism
http://tinyurl.com/h4czn (Reuters)"Tourist bookings to Egypt have dropped since last month's attack that killed 18 people at a Sinai resort but the tourism minister said on Monday he hoped to attract an extra one million visitors in 2006. Tourism...