CAIRO: Investors at the Tourism sector decided to set united prices for hotel reservations in all touristic cities throughout Egypt to face the burn rate policy that lead to the decline of hotel services, Youm7 reported Sunday.
Head of South Sinai investors association Hisham Ali said there should be protocol between owners of hotel institutions to set prices for hotel reservations, obligate hotels to operate with the set prices, and impose penalties over hotels that do not follow through. Prices should be renewed annually according to the tourism sector’s vision and protocol should be signed under the supervision of Minister of Tourism Hisham Zazou, Ali said.
Increasing fuel prices is in favor of the economy and investors should consider the increase to be part of contribution to Egypt, just as President Abdel Fatah al-Sisi donated half of his fortunes and salary to help the economy, he said.
Increasing fuel prices will impact the tourism sector, Head of division of Tourism and Aviation in Cairo tourism chamber Amary Abdel Azim told Veto gate Saturday. This increase will cause the tourism transportation fees, food prices transported by trucks, and Luxor and Aswan cruises to increase. This will slow down the process of reviving tourism that has been suffering from decline for more than three years.
Minister of Tourism Hisham Zazou announced Saturday that he is going to try to convince the cabinet to postpone the application of the fuel price increase for the tourism sector until mid-November. The government should allow tourism company owners to set new prices for tourism in the winter season based on the new fuel prices, Youm7 reported Saturday.
Deputy of Hotels chambers Nagy Erian said the increase in fuel prices is acceptable because it would be benefit for Egypt’s economy. He thinks if tourist institutions have a problem with the increasing fuel prices, then they should start changing the type of energy they use and start using renewable resources instead of petroleum derivatives. He said 70 percent of Egyptian hotels use diesel and the rest use electricity and natural gas, Youm7 reported Sunday.