Latest News and Developments | Hospitality Sector.

  • Egypt’s Cabinet approved a number of decisions and draft laws during its weekly meeting, Tuesday, including a draft law to establish tourism and antiquities fund. The meeting that was held through video conference addressed a number of economic, social and political issues in addition to the containment measures against the coronavirus pandemic and preparations for the holy month of Ramadan, Easter and Sham el-Nessiem holidays.
  • Zambia’s tourism sector is estimated to lose USD 223 million from projected hunting revenues due to coronavirus (COVID-19). The global pandemic has to date seen more than 1.6 million cases and more than 372,000 recoveries, data compiled by researchers at the Johns Hopkins University tallying center in the United States of America shows.
  • The United Nations World Tourism Organisation (UNWTO) has urged African states to formulate strategies on how to woo travelers within the continent to spur its hospitality and travel sectors. The UNWTO Executive Council says is high time for the region to reflect and developed intra-Africa tourism and open-sky policies to ensure affordable flights.
  • Following the lead of many Egyptian artists who have turned to the internet to reach their audiences, On 3 April 2020, the ministry began to offer virtual tours to Egyptian museums and archaeological sites via its websites and social networking platforms. According to the ministry’s statement, the tours are organised in cooperation with its partners from scientific and archaeological institutes.
  • Egypt’s economic growth is expected to exceed 1 percent in the second of quarter of 2020, the country’s deputy minister of planning said on Monday. The country also lowered anticipated tourism revenues, one of its major sources of foreign currency, to USD 701 million for the 2019-2020 financial year, which runs from July to June, due to the coronavirus crisis.