Global financial crisis negatively affected tourism in Yemen
The Source: almotamar.net - 25/3/2009
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Tourism Ministry said on Tuesday that the global financial crisis
had a negative impact on economic and social role of tourism in Yemen, which reflected the decline in the number of tourists coming to Yemen and the cancellation of hotel bookings.In its report issued recently, the Ministry pointed out that the impact of the crisis included the decline of cash proceeds of foreign currencies and the demobilization of a part of employees working in the tourism and hotel sectors.The report pointed to the decrease of the number of tourist investment projects in 2008 to 12 projects in comparison with 27 projects carried out in 2007
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