Tuesday, 13 March 2012

Arab hotels: a flight to safety? | beyondbrics – FT.com

Tourism in Egypt and Tunisia was battered by last year’s Arab Spring: but could the North African countries’ loss be Oman’s gain?

It seems so, according to a report released on Tuesday by Hotels.com. A survey of more than 140,000 properties worldwide found that Luxor and Sharm El Sheikh, the popular Egyptian destinations, and Tunis, the Tunisan Capital, were the regions in which hotel prices fell the most over 2011. Oman, however, was an altogether different story. Prices there rose by nearly a fifth – thanks largely to a growing number of visitors.

The World Tourism Organisation said last week said that visits to Egypt and Tunisia plunged by as much as 80 per cent after 2011′s popular uprisings. Unsurprisingly, then, the Hotels Price Index showed that five of the six destinations in which prices fell the most last year were in the Middle East or North Africa.

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