Egypt’s tourism industry was heavily impacted by the Arab Spring, key players in the hotel and airline industries implemented discounts to tackle financial losses. Foodservice was another industry impacted, with many foodservice outlets in city centers shut down or damaged. However, outlook for this industry is positive, as foodservice outlets followed the paceof the travel and tourism industry and implemented discounts.
For more information on investing in consumer markets in a post Arab Spring Middle East, download Euromonitor’s latest white paper.
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