EGYPTIAN TOURISM IN RUINS
Massive industry in the toilet thanks to the mustard revolution. KGS
Egypt tourism receipts slip nearly 30 pct in 2011
CAIRO (AP) – Egypt’s tourism minister says revenues from the vital tourism sector fell by nearly 30 percent in 2011 compared to the previous year, amid the unrest stemming from the mass uprising that ousted former President Hosni Mubarak.
The state-run Al-Ahram on Thursday quoted Tourism Minister Mounir Abdel-Nour as saying that the number of tourists coming to Egypt last year dropped by over 33 percent, to 9.8 million, compared to 14.7 million in 2010. Tourism revenues for 2011 came in at $8.8 billion versus $12.5 billion in 2010.