Gaza War Deals Blow To Israel's Tourism Industry

[P F Tinmore]

I always hear that Israel's economy is doing great. That does not seem to be the case.

JERUSALEM (AP) — It was supposed to be a record-breaking year for tourist visits to Israel. But all that changed when the 50-day war between Israel and Hamas prompted jittery travelers to cancel trips en masse, leaving empty hotel rooms and barren tourist sites in their wake.


The summertime fighting delivered a serious hit to Israel's thriving tourism industry, causing losses of hundreds of millions of dollars and sparking concern that aftershocks may continue well after the war.

The slump in tourism comes amid a wider economic slowdown in Israel, which emerged intact from the 2008 global financial crisis though is now suffering from timid growth. The Bank of Israel has taken measures to stimulate the economy, dropping interest rate levels to 0.25 percent — the lowest ever — but some economists fear the country may be headed toward a recession.

Gaza war deals blow to Israel s tourism industry - Yahoo News

 

[Vigilante]

 

[Kondor3]

I'll wager that Tourism in Israel is faring better than Tourism in Gaza...

 

[toastman]

*yawn*

 

[docmauser1]

I always hear that Israel's economy is doing great. That does not seem to be the case.

JERUSALEM (AP) — It was supposed to be a record-breaking year for tourist visits to Israel. But all that changed when the 50-day war between Israel and Hamas prompted jittery travelers to cancel trips en masse, leaving empty hotel rooms and barren tourist sites in their wake."

We know, we know, palistanians don't create, instead, they're happy to drag anyone down to their level, of course.