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Evaluation of Tourism Investment Climate in Egypt after the Twenty-fifth of January Revolution 2011

Article

Last updated: 27 Dec 2024

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Abstract

No doubt, the twenty-fifth of January revolution 2011 and its consequences have negatively affected the total investment especially in the tourism sector in Egypt. Moreover, there are a range of obstacles preventing the increase of tourism investment in Egypt, especially the foreign investment. In line with this concern, the study aims at assessing the tourism investment climate in Egypt after the twenty-fifth of January revolution 2011 and its impact on the flow of foreign investments to Egypt. Consequently this work seeks to identify the impediments to tourism investment in Egypt and how to overcome them, moreover, measure the impact of the revolution of January 2011 on the volume of tourism investments in Egypt to determine the necessary efforts to increase the volume of tourism investments in Egypt; both, foreign and national. To achieve the aim of the study, the researcher distributed 127 questionnaires on expert specialists in tourism and investment sector and received 97 questionnaires. After the collection of the questionnaire lists, the researcher has analyzed all data using the statistical package for social science analysis system SPSS version (18) and the t results reveal that: Media and social media helped in increasing the negative impact of 25th January revolution on the tourism investment in Egypt, the risk for the tourism investor depends totally on security factor, Investment in the human resources is the most important type of investment to increase the income from tourism, in addition; tourism investment incentives provided by the government are not sufficient to restore the tourism investment flow.

DOI

10.21608/mjthr.2017.219908

Keywords

tourism investment, Finance, 25th January revolution 2011

Authors

First Name

Bassam

Last Name

Hassan

MiddleName

Nour

Affiliation

Tourism Studies Department, Faculty of لإourism and Hotels, Minia University

Email

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City

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Orcid

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First Name

Hala

Last Name

Hilaly

MiddleName

-

Affiliation

Tourism Studies Department, Faculty of Tourism and Hotels, Alexandria University

Email

halahilaly@hotmail.com

City

-

Orcid

-

First Name

mohamed

Last Name

ibrahim

MiddleName

anter

Affiliation

Tourism Studies Department, Faculty of Tourism and Hotels, Minia University, Minia, Egypt

Email

anter82@mu.edu.eg

City

minia

Orcid

0000-0002-6197-3944

Volume

2

Article Issue

2

Related Issue

20657

Issue Date

2017-12-01

Receive Date

2022-02-15

Publish Date

2017-12-01

Page Start

76

Page End

98

Print ISSN

2357-0652

Online ISSN

2735-4741

Link

https://mjthr.journals.ekb.eg/article_219908.html

Detail API

https://mjthr.journals.ekb.eg/service?article_code=219908

Order

4

Type

Original Article

Type Code

1,533

Publication Type

Journal

Publication Title

Minia Journal of Tourism and Hospitality Research MJTHR

Publication Link

https://mjthr.journals.ekb.eg/

MainTitle

Evaluation of Tourism Investment Climate in Egypt after the Twenty-fifth of January Revolution 2011

Details

Type

Article

Created At

23 Jan 2023