{"id":545968,"date":"2022-04-19T03:33:43","date_gmt":"2022-04-19T03:33:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/19\/tourism-growth-will-stall-after-hit-to-key-russian-ukrainian-markets-tourism-ministry\/"},"modified":"2022-04-19T03:33:43","modified_gmt":"2022-04-19T03:33:43","slug":"tourism-growth-will-stall-after-hit-to-key-russian-ukrainian-markets-tourism-ministry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/19\/tourism-growth-will-stall-after-hit-to-key-russian-ukrainian-markets-tourism-ministry\/","title":{"rendered":"Tourism growth will stall after hit to key Russian + Ukrainian markets -Tourism Ministry"},"content":{"rendered":"

<\/a> War in Ukraine is set to stall growth of our tourism revenues:<\/strong> \u201cExpectations for Egyptian tourism in 2022 are not higher than last year,\u201d Deputy Tourism Minister Ghada Shalaby told Bloomberg<\/a>, while declining to provide estimates on arrivals or total tourism receipts. Russian and Ukrainian arrivals made up some 30-40% of all visitors to Egypt before the war broke out in late February, according to the business newswire and were fixtures of the Red Sea package tour trade. Their loss will challenge the post-pandemic recovery in our tourism industry.<\/p>\n

But new and resumed int\u2019l flight routes will help: <\/strong>The resumption of flights<\/a> between Moscow and Cairo after a brief war-induced pause, as well as limited flights running between Russia and Red Sea resorts, \u201cwill help in regaining some of what we lost,\u201d Shalaby said. New international routes to the Red Sea resort of Sharm El Sheikh could also give tourism revenues a boost, she added. The first direct flight between Tel Aviv and Sharm El Sheikh took off this week<\/a> after President Abdel Fattah El Sisi and Israeli Prime Minister Naftali Bennett struck and agreement in March.<\/p>\n

We\u2019re also reaching out to other European markets: <\/strong>Officials have either lined up or begun talks with Germany, France, the UK, Italy, Poland and Estonia on ways to drive inbound traffic, Shalaby said. The government\u2019s new national tourism campaign<\/a> #FollowTheSun (you can watch the full-length version of the ad here<\/a>) is targeting high-value markets in Europe and the US and has driven a 102% increase in Google searches for vacations to Egypt since its mid-March launch. Egypt has also widened the number of people eligible to obtain a visa on arrival or a pre-arrival electronic visa as it looks to support the tourism sector<\/a>.<\/p>\n

AND we\u2019re looking further afield to plug the Black-Sea-sized gap: <\/strong>Egypt hopes to attract tourists from little-tapped markets in Latin America \u2014 including Brazil \u2014 and Asia in the long term, Shalaby said. The state is also looking to draw in tourists from India, Pakistan, Morocco, Algeria, and Gulf states including Bahrain, Qatar and Kuwait, she added.<\/p>\n

PLUS- GEM update: <\/strong>The EGP 20 bn Grand Egyptian Museum (GEM) is set to launch in the fourth quarter of this year, with the opening to be announced six months prior, Shalaby said. We had previously been told to expect the GEM\u2019s launch sometime in H2<\/a>.<\/p>\n

REMEMBER- <\/strong>Tourism receipts (alongside Suez Canal tolls and remittances from Egyptian expats) are a crucial source of hard currency for Egypt. The sector accounted for almost 9% of GDP prior to the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

War in Ukraine is set to stall growth of our tourism revenues: \u201cExpectations for Egyptian tourism in 2022 are not higher than last year,\u201d Deputy Tourism Minister Ghada Shalaby told Bloomberg, while declining to provide estimates on arrivals or total tourism receipts. Russian and Ukrainian arrivals made up some 30-40% of all visitors to Egypt […]<\/p>\n","protected":false},"author":1,"featured_media":545969,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[528,72,1341,238,797],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-aviation","tag-enterpriseam","tag-russia-ukraine-conflict","tag-tourism","tag-tourism-and-antiquities-ministry","wpautop","entry"],"acf":{"mongo_id":"4be5dcc6-3735-46ed-a1e8-eac4eb200706","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/4\/317.jpg","photo_position":"above","related_issue":[545964],"teaser":"","voice_url":""},"yoast_head":"\nTourism growth will stall after hit to key Russian + Ukrainian markets -Tourism Ministry - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/19\/tourism-growth-will-stall-after-hit-to-key-russian-ukrainian-markets-tourism-ministry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism growth will stall after hit to key Russian + Ukrainian markets -Tourism Ministry\" \/>\n<meta property=\"og:description\" content=\"War in Ukraine is set to stall growth of our tourism revenues: \u201cExpectations for Egyptian tourism in 2022 are not higher than last year,\u201d Deputy Tourism Minister Ghada Shalaby told Bloomberg, while declining to provide estimates on arrivals or total tourism receipts. 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March 2022","format":false,"excerpt":"Egypt is hoping to lure tourists from several European countries and the United States to our beach resorts with a new promotional campaign that\u2019s hoped to help fill the gap left by the loss of Russian and Ukrainian tourists, two of the country\u2019s most important tourism markets.The eight-week \u201cFollow the\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/245.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586009,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/03\/tourism-arrivals-have-jumped-33-so-far-in-2023\/","url_meta":{"origin":545968,"position":1},"title":"Tourism arrivals have jumped 33% so far in 2023","author":"enterpriseam admin","date":"3 May 2023","format":false,"excerpt":"Tourist arrivals to Egypt in the first four months of the year jumped 33% from the same period in 2022, the head of the Egyptian Tourism Promotion Board, Amr El Kady, told CNBC Arabia (watch, runtime: 6:54). El Kady didn\u2019t disclose how many tourists visited the country between January and\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/73.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546569,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/tourism-revenues-to-more-than-double-in-2021-2022-maait\/","url_meta":{"origin":545968,"position":2},"title":"Tourism revenues to more than double in 2021-2022 -Maait","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"FinMin expects minimal damage to tourism revenues from Ukraine war: Egypt\u2019s tourism revenues will more than double in FY 2021-2022 from a year earlier, according to figures announced by Finance Minister Mohamed Maait last week. The Finance Ministry is projecting revenues to reach USD 10-12 bn in the current fiscal\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633104,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/egypt-sees-90-surge-in-ukrainian-tourist-arrivals-as-tourism-sector-recovers\/","url_meta":{"origin":545968,"position":3},"title":"Egypt sees 90% surge in Ukrainian tourist arrivals as tourism sector recovers","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"Nearly 750k Ukrainian tourists visited Egypt in 2017, a 90% y-o-y jump, Tourism Promotion Authority (TPA) head Hisham El Demery told the press yesterday, according to Al Masry Al Youm. In response to the surging demand, Ukraine International Airlines announced they would operate four weekly flights between Cairo and Kievas\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545530,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/03\/egypt-makes-it-easier-to-get-a-visa-on-arrival\/","url_meta":{"origin":545968,"position":4},"title":"Egypt makes it easier to get a visa on arrival","author":"enterpriseam admin","date":"3 April 2022","format":false,"excerpt":"Egypt has widened the number of people eligible to obtain a visa on arrival as it looks to support the tourism sector, which has been hit by the conflict in Ukraine. All visitors to Egypt are now able to receive a visa on arrival, according to a ministry statement, while\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/89.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585656,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/27\/tourism-players-once-again-have-access-to-subsidized-loans\/","url_meta":{"origin":545968,"position":5},"title":"Tourism players once again have access to subsidized loans","author":"enterpriseam admin","date":"27 April 2023","format":false,"excerpt":"The gov\u2019t will offer EGP 10 bn worth of loans at an 11% rate to the industry","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/869.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=545968"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545968\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/545964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/545969"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=545968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=545968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=545968"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=545968"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=545968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}