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February 5, 2016       Share:    

Source: http://www.bloomberg.com/news/articles/2016-02-01/egypt-resorts-become-ghost-towns-as-tourist-arrivals-plummet

Egypt's Tourism Collapse

(Bloomberg) Ahmed Feteha - Suspicions that a bomb sent a Russian passenger plane crashing into the Sinai Peninsula are damaging Egyptian tourism. A million tourists visited Egypt in November and December, down 41% from last year and the lowest number during these peak months since at least 2005. "You cannot call what's happening a drop, it's a collapse," said Amani El-Torgoman, board member of the Egyptian Tourism Federation. "Sharm El-Sheikh has become a ghost town."

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