Red Sea’s Tourism Sector loses $9 billion in 9 months ...Egypt

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Red Sea’s Tourism Sector loses $9 billion in 9 months
source : EGYPT INDEPENDENT ( Egypt ) () 6
Several tourism experts have estimated the size of losses for tourism companies, hotels, resorts, diving centers and all other tourism-related activities in the Red Sea at about nine billion dollars over nine months since the pandemic began. The sector lost about 400,000 tourists a month, they added, who would have spent about four million tourist nights per month at an average rate of 10 nights per tourist in the Red Sea’s resorts. Various hotels, companies, restaurants, bazaars and cafes have ceased operations since the virus outbreak, causing about 400,000 workers to lose their jobs, in addition to the thousands who worked in tourism services. The owner of a tourism company in the Red Se

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