Tourism Chambers Federation Chairman Calls On Government To Ease Financial Burdens On Tourism Sector And Review Imposed Fees And Taxes
Hossam El-Shaer, Chairman Of The Tourism Chambers Federation, Warned Of The Potential Impact Of Economic Recession In Several European Markets On Tourists’ Purchasing Decisions And Their Spending On Travel And Tourism Trips.
He Explained That Tourists Are Currently Highly Sensitive To Prices, And That Rising Living Costs And Economic Pressures In Tourism-Sending Markets May Prompt Some Travelers To Reconsider Their Travel Budgets And Choose Destinations Offering The Best Value For Money.
El-Shaer stressed That Egypt’s Tourism Sector Must Pay Close Attention To These Changes And Avoid Unjustified Increases In The Prices Of Tourism Services And Packages, Which Could Affect The Competitiveness Of Egypt As A Destination Compared To Its Rivals. He Emphasized That Maintaining Attractive Prices Must Go Hand In Hand With Preserving Service Quality And The Overall Tourist Experience.
El-Shaer Called On Various State Authorities To Work Towards Easing Financial Burdens On The Tourism Sector And Reviewing The Fees, Costs, And Taxes Imposed On Tourism Establishments And Activities. This Would Help Companies And Hotels Cope With Rising Operating Costs And Maintain Their Competitiveness In International Markets.
He Also Stressed The Importance Of Ensuring Stability In Financial And Tax Policies, As Well As Fees Related To Tourism Activities, And Keeping Them Unchanged For At Least Four Years. This Would Enable Investors, Tourism Companies, And Hotels To Develop Clear Operational, Investment, And Pricing Plans Without Being Exposed To Sudden Changes In Financial Burdens And Costs.
The Chairman Of The Tourism Chambers Federation Praised Egypt’s Participation In The 2026 World Travel Market (WTM London), Noting That The Egyptian Pavilion Made An Outstanding Impression And Received Praise And Admiration From Visitors And Trade Professionals. This Reflects The Success Of Efforts To Showcase The Diverse Tourism Assets Of Egypt To Leading International Companies And Tour Operators.
El-Shaer Said That The Indicators From Egypt’s Participation Were Highly Positive, Pointing To Very Strong Interest In Egypt As A Tourist Destination Compared To Many Other Destinations Participating In The Exhibition, Despite The Geopolitical Circumstances In The Region. This Reflects The Continued Confidence Of International Tourism Markets In Egypt And Its Appeal As A Global Destination.
He Added That The Image Of Egypt As A Tourist Destination Among Industry Partners And Visitors Is Highly Positive, With Clear Interest In The Country And Its Diverse Tourism Products And Experiences. This Represents An Important Opportunity That Should Be Seized In The Coming Period To Increase Inbound Tourism And Strengthen Egypt’s Position In International Markets.
He Further Explained That The Tourism Sector Needs A Stable And Investment-Friendly Environment, Particularly In Light Of The State’s Ambitious Targets To Increase Tourist Arrivals And Expand Hotel Capacity. He Noted That Easing Burdens On The Sector Does Not Benefit Companies Alone, But Also Enhances Egypt’s Ability To Compete, Attract More Tourists, Create Jobs, And Increase Tourism Revenues.
The Chairman Of The Tourism Chambers Federation Pointed Out That The Coming Period Requires Coordinated Efforts Between The Government And The Private Sector To Preserve The Gains Achieved By Egyptian Tourism And Capitalize On The Positive Image Egypt Enjoys In International Markets, While Responding Flexibly To The Economic And Geopolitical Changes Affecting The Global Tourism Industry.
He Emphasized That Egypt Has Significant Tourism Assets And Promising Opportunities For Continued Growth, Adding That The Main Challenge Lies In Maintaining The Competitiveness Of Egypt As A Destination In Terms Of Prices And Service Quality, And Providing The Stability Needed By The Tourism Sector To Ensure Continued Growth In Tourist Arrivals And Achieve The State’s Tourism Targets In The Coming Years.
