Saturday, February 26, 2022
Egypt’s tourism sector has suffered setback due to the conflict between Russia and Ukraine, and it is an impediment for the industry that was on its route to recovery after the initial impact of the global pandemic.
The effect of the Russia-Ukrainian crisis on one of Egypt’s most important sources of hard currency has been slight so far, although repercussions could increase if the war continues.
As Russia launched attacks on several cities in Ukraine on Thursday, the Ukrainian government halted all civilian flights in Ukrainian airspace, including tourist commercial flights.
Tourist bookings from both Russia and Ukraine went down 30 percent up to now in February.
“While Ukraine’s importance to Egypt’s tourism sector has declined recently, Russians are still a major component among inbound tourists,” said Elhamy al-Zayat, a former head of the Egyptian Tourism Federation and an agent of the Ukraine International Airlines in Egypt.
Ukrainians comprise roughly 3 percent of tourists coming to Egypt, contributing around 2.5 percent of the industry’s total revenue in spending, said Zayat.
Sharm el-Sheikh and Hurghada received a boost from tourists from Russia in general, after Moscow finally gave security clearance in August for flights for attractions on Egypt’s Red Sea coast.
Tags: Egypt’s tourism
Friday, March 31, 2023
Friday, March 31, 2023
Friday, March 31, 2023
