With one of the biggest consumer markets in the region and robust fundamentals, Egypt is well placed to attract international investment and emerge from this difficult period in a strong position. Although the Covid-19 pandemic has caused considerable disruption, the government’s ongoing reform efforts have helped to mitigate the worst effects of the crisis.
Covid-19 dealt a body blow to the global travel industry, but there are signs that a recovery is slowly under way as policymakers make concerted efforts to meet pent-up demand for leisure tourism. However, business travel will take longer to recuperate, and may struggle to return to pre-pandemic levels.
Having been hard hit by the coronavirus pandemic, Egypt’s tourism sector is hoping for a rebound as the country prepares for a gradual reopening on July 1.
Strict lockdown measures and travel bans have helped Tunisia become a regional leader in eradicating cases of Covid-19. Now, with restrictions loosening and industries returning to work, the tourism sector has been highlighted as key to its economic rebound.
What impact do you expect the Covid-19 pandemic to have on the domestic tourism industry?
With an internet adoption rate of 64.8% as of 2018 and a widening middle class, online travel agencies (OTAs) have become increasingly popular in Indonesia in recent years. OTAs do not require the same level of infrastructure, staff and working capital as traditional travel agencies, and the convenience they provide to businesses and...
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