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Israel Invests in New Tourism
By Micah Halpern

Saturday December 25, 2021
I've Been Thinking:

Israel has suffered economically from COVID.

Tourism, which was one of the major staples of the Israeli economy, ground to a halt for two years.

The government of Israel just allocated NIS 235 million, which is about $73 million, for a tourism plan to help rebuild the tourism industry.
NIS 25 million will go towards tour guides, 60 million for incoming tourists and 150 million for hotels.

It is not much money - but it is a start.

The ripple effect of the halt in the tourism industry crosses almost all sectors of Israeli society and industry.

When tourism dries up, agriculture, transportation, safety, entertainment, food, hotels, restaurants even falafel stands, and technology feel the impact.

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26 December 2021 05:22 PM in Thoughts


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