Egypt's President calls for De-escalation in Middle East during meeting with Iran Foreign Minister    UK targets Russian "Shadow Fleet" with new sanctions    URGENT: ECB cuts interest rates as inflation eases below target    Egypt prioritises financial stability, exports, green economy transition – FinMin    Oil steady on Thursday    Public Enterprises Minister inspects asset portfolios of 2 state-run construction firms    Nourhan Kamal Wins 2024 Helmi Sharawy Award for African Studies    Egypt-Saudi Arabia electricity interconnection 1st phase to be operational in June 2025: Madbouly    Israeli aggression kills 42,409 Gazans since Oct. 2023    Egypt's FM announces Iranian FM's Visit, condemns Israeli actions with Spanish counterpart    Egypt, Qatar discuss alleviating health suffering in Palestine, Lebanon, and Sudan    Egypt c.bank issues warning against online banking scams    3rd Edition of "CEO Women" Conference to Address Future of Healthcare Investment, Gathering 300 CEOs from 30 Arab and African Nations    Egypt, Saudi Arabia sign deal to protect mutual investments    Abdel Ghaffar highlights impact of regional conflicts on health services    Egypt prepares for UN Human Rights review, holds ministerial meeting on national strategy    Egypt observes Intl. E-waste Day, highlights recycling efforts    Egypt's military capabilities sufficient to defend country: Al-Sisi    Al-Sisi emphasises water security is Egypt's top priority amid Nile River concerns    Egypt recovers 3 artefacts from Germany    Cairo Opera House hosts grand opening of Arab Music Festival, Conference    Downtown Cairo hosts 4th edition of CIAD Art Festival    Grand Egyptian Museum ready for partial trial run on October 16: PM    Colombia unveils $40b investment plan for climate transition    Egypt's Endowments Ministry allocates EGP50m in interest-free loans    Kabaddi: Ancient Indian sport gaining popularity in Egypt    Ecuador's drought forces further power cuts    Al-Sisi orders sports system overhaul after Paris Olympics    Basketball Africa League Future Pros returns for 2nd season    Egypt joins Africa's FEDA    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    Who leads the economic portfolios in Egypt's new Cabinet?    Financial literacy becomes extremely important – EGX official    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Govt: Unrest in Libya impacting Egypt''s tourism
Published in Almasry Alyoum on 01 - 03 - 2011

Libya's current turmoil will affect the scale of tourism activity in Egypt, said Samy Mahmoud, director of international tourism at the Egyptian Tourist Authority (ETA) on Tuesday.
Libya exports 450,000 tourists to Egypt annually, more than any other Arab country, said Mahmoud, and furthermore the industry will be generally affected by current tensions at the Arab region.
He told Al-Masry Al-Youm that the region's share of tourism will shift to other states, such as Turkey, the Emirates and Israel.
Arab nations have been rocked by pro-democracy protests that started in Tunisia in December 2010, spreading to Egypt, Libya, Yemen, Bahrain and Oman. Since 17 February, Libya's mass protests have developed into bloody encounters with security forces loyal to leader Muammar Qhadafi.
ETA's hotel sector director, Ahmed Attiyam, said hotels' occupancy rates remain low comparing to the same period last year, and consequentially there has been a drop in prices. Attiya said that the Ministry of Tourism does not possess a mechanism to control prices, leaving this to market forces.
Attiya predicted that prices will rebound as occupancy rates do. But he stressed that stability must be restored before tourists can be attracted easily to Egypt again.
On 17 February, another government report said Egypt lost over LE10 billion in its tourism, industry and construction sectors due to the 18-day mass pro-democracy protests that had led to the ouster of president Hosni Mubarak.
About 210,000 tourists left Egypt at the end of January, which meant tourism income plummeted by US$178 million (roughly LE1billion) in one week, according to the report by the Central Agency for Public Mobility and Statistics (CAPMAS).
What's more, February reservations were cancelled in late January, amounting to losses of US$825 million (LE4.8 billion). According to the report, tourist facilities were consequently forced to dismiss temporary staff and decrease salaries for permanent workers, meaning a total loss in income of LE70 million.


Clic here to read the story from its source.