Egypt delays hotel price hike for six months
The Egyptian government has postponed the introduction of the new minimum prices in hotels for six months.
The procedure for introducing a new minimum rate for hotels was scheduled to enter into force on May 1, 2022. However, due to a decrease in the incoming flow, it was decided to abandon the new rules. Now the official price is scheduled to be raised on the 1st of November.
Under the new rules, starting in November, five-star hotels are not allowed to sell accommodations for less than $50 per night per person. Four-star hotels cannot offer accommodations under $40, three-star hotels under $30, two-star hotels under $20, and one-star hotels under $10 per night per person.
At the same time, Egypt continues to wait for tourists from Russia, and the local tourism industry is urging the country’s tourism ministry not to abandon the Russian market, the Association of Tour Operators of Russia (ATOR) noted.
Experts in the field of tourism in Egypt considered that in order to maintain operations with Russian tour operators, the country needs to switch to paying in rubles or another currency. In addition, it is necessary to ensure that Mir cards are accepted at the main resorts.
On March 11, the head of Space Travel Artur Muradyan said that due to the sanctions imposed on Russia, the cost of trips to Egypt could exceed 200 thousand rubles. According to him, taking into account the falling markets in Russia and Ukraine, Egyptian hoteliers will be forced to reduce excursions prices for residents of the CIS in order to maintain tourist flows.
