Egypt’s tourism industry fails to pick up
28 Jan 2016
(MENAFN) Egyptian Taba, the location of Egypt’s busiest border crossing with neighboring Israel, witnessed its hotels’ income decline below 5 percent over January.
Basically, the tourism publicity campaigns conducted by the Ministry of Tourism have failed to attract Egyptians to Sharm El-Sheikh and other areas in the Red Sea including Taba.
In particular, Egypt has provided tourism companies with a six-month deferment in outstand debt owed to insurance, water, and electricity companies, but with no real gain.
Little more than a bus depot and a luxury hotel, Taba is a frequent vacation spot for tourists, especially those from Israel on their way to other destinations in Egypt.