The fall in tourism revenues in the Middle East and North Africa (MENA) region will have serious economic implications in the near term. Even if visitor numbers start to increase (as political conditions improve), a decrease in average tourist spending will push down overall tourism receipts substantially this year. However, the economic impacts will vary across the region, with the likes of Saudi Arabia largely unaffected, but Egypt and Bahrain losing revenues worth as much as 2.5% of GDP.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.