Egypt’s tourism industry bearing the brunt of regional slowdown, Turkey likely to recover first
Egypt’s tourism industry is bearing the brunt of a slump in tourism arrivals regionally, Steve Johnson writes for the FT (paywall). Compared to cities affected by terrorist attacks, like London and Madrid, “tourism levels ‘returned to normal quite quickly’ … while countries in the same boat as Tunisia and Egypt typically ‘take two to three years to recover’,” David Scowsill, president and chief executive of the World Travel & Tourism Council (WTTC) says. He explains that “past experience showed more ‘random’ acts of terror, such as those targeted at the UK, Spain and France in recent years, tend to have less of a long-term impact on tourism than attacks specifically targeted at holidaymakers, as seen in both Egypt and Tunisia.” Regionally, Scowsill expects Turkey to recover faster than Egypt and Tunisia “the feud between Russia and Turkey now appears to have been resolved and Russian tourists are starting to return.”