Closure of 29 hotels in Sharm El-Sheikh due to the absence of tourists
<p style=";text-align:left;direction:ltr">ArabiaWeather.com- The continued weakness of tourism in <strong><a href="http://jo.arabiaweather.com/content/%D8%A8%D8%A7%D9%84%D8%B5%D9%88%D8%B1... El-Sheikh</a></strong> exacerbated the crisis and closed a number of hotels. Including major investors, after confirming their helplessness in facing the crisis, as it was announced that 29 hotels would be closed.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> For his part, Elhamy Al-Zayyat, head of the Egyptian tourist chambers, said that large numbers of hotels in Hurghada and Sharm El-Sheikh officially informed them of the decision to close them due to the lack of incoming tourist movement so far.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> Al-Zayyat added that the occupancy rate in Sharm and Hurghada does not exceed 10% since the Russian plane crash, which constituted a burden on hotels after a number of countries signed travel bans to <strong><a href="http://jo.arabiaweather.com/content/%D8%B9%D8%A7%D8%A6%D8%AF%D8%A7%D8%AA... .</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> It is noteworthy that about nine million and 300 thousand tourists visited the country in 2015, a decrease of 6% compared to 2014, while tourism revenues were estimated at about six billion and one million dollars, down about 15% from the revenues achieved in 2014.</p><p style=";text-align:left;direction:ltr"></p>
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