tourism industry
The initiative is part of the Egyptian government's strategy to increase annual tourist numbers by 25 to 30 percent with a target set for 2028
This growth rate is eight times higher than the global tourism growth rate, which stood at 4.5 percent during the same period, as reported by the World Tourism Organization.
For decades since the Vietnam war, the scantily clad dancers in the go-go bars of Bangkok’s Patpong red-light district have been the face of Thailand’s tourism industry.
Catalonia’s independence push is taking its toll on the region’s tourism industry, with revenues and hotel bookings down since October 1 secession referendum.
Iceland’s central bank warned that a further increase in lending to the booming tourism industry could have consequences for the entire economy.
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