In Egypt, there were serious problems with paying for the rest of Russian tourists

Egypt has serious problems paying for the rest of Russian tourists

“The issue of the possibility of paying for hotels by Russian companies in rubles” is being studied in Egypt, because serious problems have arisen in the country to pay for the rest of Russian tourists due to Western sanctions. This was stated by the chairman of the governing committee of the Chamber of Hotel Business of the Arab Republic Alyaa Akyl. Thus, Egypt is trying to solve the problem of the impossibility of paying in US dollars.

“The Ministry of Finance, in coordination with the Ministry of Tourism and Antiquities, is discussing a proposal to allow Russian companies to repay their financial obligations to Egyptian hotels in Russian rubles if payment is in foreign currency (dollars) is not possible. We are waiting for a final decision on this issue,” he said in an interview with TASS. At the same time, he stressed that in Egypt they very much hope for the speedy restoration of the previous volumes of Russian tourism to Egyptian resorts with the resumption of air traffic.

According to available statistics, the occupancy rate of hotels in the Red Sea resorts of Egypt after the start of the Russian special operation in Ukraine and the introduction of air – and other sanctions fell to 35-40%. Egypt is trying to find an alternative, and Russian tour operators are trying to find ways to deliver tourists. Recall that some delivery methods have already been found. Read more in the article “Russians were told through whom they can go to Egypt for the May holidays.”

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