Prices for accommodation in Egyptian hotels may rise

The Egyptian government announced its intention to raise fuel prices in November. Analysts believe that this may lead to an increase in prices for accommodation in hotels and hotels in the country.

According to the chairman of the Tourism Federation Elhami El-Zayat, fuel prices will rise fivefold. This is due to the refusal of the International Monetary Fund to provide Egypt with a large loan. The government hopes that the increase in hotel prices will not adversely affect tourism, which is the most important economic industry in the country.