Egypt is exploring new ways to lure tourists after conflict cut off Russia and Ukraine, two of its most lucrative markets. Deputy tourism minister: “Of course, it is a major loss” of revenue. Egypt has been working at increasing tourists from Western Europe, including Britain, Germany, Spain, France and Italy. It also targets Hungary and Gulf Arab countries ahead of Ramadan and Easter next month.
Tourism generated $2.8 billion for Egypt in the three months to end-September, according to the most recent figures available from the central bank. Egypt does not release figures for the number of tourists or the amount of revenue earned from individual countries. One concern is the increase in fuel prices since Russian troops entered Ukraine, making flights and tourism packages more expensive.
One option could be to allow them to come via Turkey, he said. Egypt has been receiving empty flights from Russia to bring home Russian tourists stuck in Egypt.
Complete News Source : Hindustan Times
