The government of Israel commits ILS60 million to tourism

Published on : Wednesday, July 28, 2021

The government of Israel has recently introduced a new ILS60 million (US$18.4 million) plan that would support tourism in the country.


The Ministry of Finance and Ministry of Tourism of the country is quite hopeful to assist in recouping the losses caused by Covid-19. Hotels that suffered a major drop decline of at least 40 percent in turnover due to ban on travel will get special monetary help. Also, additional support will be given to all travel agents in Israel.


Also, the cash injection is expected to attract more hotel workers from Jordan and the West Bank.


Israel’s tourism ministry in late June had scrapped a domestic tourism campaign of different nature after hotels got obstinate with the government. The campaign was planned to endorse domestic holidays in the country but was put an end after properties turned down to their lower prices.


Later on, tourism minister, Yoel Razvozov, called the drive “a waste of public funds,” according to The Times of Israel.
He said: “I don’t see a reason to continue the campaign while the prices of vacations are so high — it’s a pity to waste public funds on this. Vacations are not just for the rich.” The minister vowed to “act urgently” in order to deal with problem.


Room rates in Tel Aviv in July and August range from $500 per night to $800 per night, as per a publication. As prices in the resort town of Eilat average out at $1,075 per night over the same period.

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