Latest News and Updates in the Hospitality Sector

  • The secretary-general of the National Tourism Confederation (CNT), Wissal El Gharbaoui, declared that ensuring the survival of 11,000 tourism businesses and preserving employment for their personnel is at the center of the confederation’s priorities. The CNT has developed a scenario based on three axes for the recovery of the severely-impacted tourist activity, namely saving businesses, preserving jobs, and a strong and effective recovery strategy. https://bit.ly/2UOOTgs
  • South Africa’s casino industry is the next to push for re-opening. The industry is worth billions of rands and employs thousands of workers – but has been closed for business since the country entered lockdown in March. It is now facing mounting losses which could lead to retrenchments and permanent damage. It forms part of the tourism industry’s bid to re-open, with insiders stating that these facilities could open within the next month. Government is looking at easing lockdown restrictions yet again, but is waiting for expert advice. https://bit.ly/37Aj68p
  • Payment solutions provider, Pesapal has joined the global IT giant, Oracle, to market Kenya’s tourism facilities. Pesapal , which has 4,000 hotels from Kenya and across Africa on its Reserveport platform, has integrated with Oracle Partner Network allowing tourists to locate, book and pay for reservations for any hotel. https://bit.ly/3d9x6qO
  • Egypt’s Cabinet agreed on Wednesday to exempt incoming tourists on charter flights from the paying the tourist visa till 31 October 2020, the end of the summer tourism season. The decision is part of measures to encourage tourism following the expected resumption of flights in the upcoming period. https://bit.ly/3eceF67
  • Egypt’s annual urban consumer price inflation slowed to 4.7 percent in May from 5.9 percent in April, the official statistics agency CAPMAS said on Wednesday. The North African country of 100 million people is facing economic repercussions from the spread of the new coronavirus, which essentially shut down its vital tourism sector from mid-March. https://nyti.ms/2ALNoc6
  • Egypt’s foreign reserves declined to USD 36 billion in May, down from USD 37 billion in April. The drop also comes after Egypt obtained a USD 2.77 billion loan from the International Monetary Fund to address the spread of the coronavirus. In addition, it recently offered international bonds worth USD 5 billion to help it contend with the pandemic that has brought tourism to a standstill. https://bit.ly/37zYJYS
  • The Tourism Finance Corporation has initiated talks with local banks to ensure the KES 2 billion (approx. USD 19 million) tourism stimulus package reaches hotel operators. Managing director Jonah Orumoi said the talks were aimed at enabling hotels, tour operators and airlines support local tourism access the funds to refurbish establishments and meet operational costs as they move towards full recovery. https://bit.ly/3hy7lUt
  • A tourism association says that the South African tourism sector will have to open up in or as close to September 2020 in order to save in-bound tourism revenue for the 2021 financial year. It is calling on government to allow in-bound international tourism by then, with certain precautions being put in place, and a commitment from the industry to adhere to hygiene and social distancing protocols. Certain Covid-19 models put South Africa’s peak infections in September, however. https://bit.ly/3daHiPE
  • Private tech developers, tour and travel agencies among other stakeholders in the tourism industry have agreed that digital tourism is the new approach that will help the tourism sector to recover from the effects of COVI-19. This weekend during an innovative tourism and hospitality online meeting, they explored existing opportunities and new innovations that are required to revamp the sector which was the most hit by the pandemic. https://bit.ly/2N2U9c1
  • Tanzania’s Zanzibar authorities on Saturday announced reopening of tourism activities after they were shut down on 20 March 2020 following the outbreak of COVID-19. All travelers to Zanzibar should hold medical health insurance and they should follow strict guidelines on prevention of COVID-19 imposed by Zanzibar health authorities. https://bit.ly/2N5NcqN