Profits from ancient Egyptian monoliths such as the pyramids have fallen by 95 % since Egypts 2011 transformation, the countrys classical times minister has said.
Earnings fell from 3bn Egyptian pounds (250m) in 2010 to just 125m (10.5 m) in 2014, Mamdouh el-Damaty informed al-Mehwar, a private Egyptian tv channel.
The drop has actually left the ministry – which obtains manythe majority of its income from traveler profits – struggling to pay countless personnel. The present yearly earnings is excellentsuffices to pay the wages of the ministrys workers for simply two months, Damaty stated in the job interview.
Tourist in Egypt has been decimated since 2011, with media reports of social unrest paired with western travel warnings putting off holidaymakers from traveling to many of the nations well-known destinations. Just 9.5 million travelers stayedremained in Egypts hotels in 2013, compared with 14.7 million in 2010.
Footfall has startedbegun to choose up in Egypts Red Sea resorts however visitors to its historical websites in Cairo, Luxor and Aswan – from where the ministry obtains manythe majority of its income – are still couple of and far between.
On one night this month in Luxor, which houses the burial place of Tutankhamun amongst other pharaonic treasures, simply 264 immigrants oversleeped the citys hotels, according to authorities.
Its dead, said Mena Melad, the editor of the Luxor Times. Its even worse than in 1997 after the massacre of the vacationers at the Hatshepsut temple in the Valley of the Kings. There are great deals of individuals who have given up working in tourism and are trying to discoversearching for brand-new work.
The tourist minister, Hisham Zaazou, stated an increase in Arab visitors had strengthened this years figures – however just in the sun and sea locations.
There are more Arabs arriving into the country from the Gulf, and from Jordan and Lebanon, stated Zaazou. However although were hearing some better figures about Red Sea and southern Sinai, we still have an extremely hugea huge challenge in Luxor, Cairo and Aswan.
o This short article was amended on Sunday 31 August 2014. The original heading said Egypts tourism revenues had actually fallen by 95 %. In fact, revenues from old monuments fell by 95 %, while total tourism earnings were down by about 54 %.