Egypt eyes slow return for tourism after revenues dive in 2020 - News Summed Up

Egypt eyes slow return for tourism after revenues dive in 2020


CAIRO (Reuters) – Egypt’s tourism sector is eying a gradual recovery after revenues plunged by nearly 70 percent to $4 billion in 2020 due to the coronavirus pandemic, the tourism minister and travel companies said. The number of tourists visiting Egypt sank to 3.5 million last year from 13.1 million in 2019, Tourism and Antiquities Minister Khaled El-Enany told Reuters. Tourism accounts for up to 15 percent of Egypt’s national output, and is a key source of foreign currency. “In 2021, with the vaccine, the recovery will be incremental,” said Mohamed Farouq, chief executive of travel agency Egypt Express. “We know that the problem isn’t only Egypt, the tourist cannot travel.


Source: Egypt Independent January 26, 2021 14:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */