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Covid 19 negative impact set to reduce Tourism sector by 1bn per month

Posted on April 17, 2020

Due to Covid-19 , tourism sector is set to loose 400,000 tourists which generated about 4 million nights every month at Red Sea resorts With hotels and shops shutting about 200,000 workers have lost their livelihood Tourism revenues in the current fiscal year (2019/2020) are expected to drop by USD 5 billion to about $11 billion