A research titled “Winners and Losers in the Tourism and Hospitality Industry along the Transition Process: Evidence from South and North MED Countries”, has been published by the EU-funded Euro-Mediterranean Forum of Economic Institutes (FEMISE). The study looks at the impact of the revolutions in the Arab countries on the tourism industry and how to rescue this declining sector.
The first chapter of the study focuses on reviewing the impact of the Arab Spring movements on the tourism sector for both shores of the Mediterranean, taking Egypt and Spain as reference case studies. The second chapter of the study focuses on designing a new marketing mix model to rescue the hospitality industry in the South region, providing evidence from Egypt after the Arab Spring. The chapter emphasizes the necessity of identifying the key constructs driving the paths of improvement, restructuring and development for the tourism and hospitality industry in times of transition.
Finally, the third chapter of the research investigates the impact of the boost in international arrivals in North MED countries since the beginning of the Arab Spring. It is interesting to note that in Spain, as well as in other north MED countries, the growth of international inbound tourism contrasted with an evident decline in domestic tourist flows since the beginning of the global financial crisis. This boom in international tourism in times of weak domestic demand undoubtedly helped the tourism industry to face its necessary reconversion path.
FEMISE is an EU-funded project, which aims to contribute to the reinforcement of dialogue on economic and financial issues in the Euro-Mediterranean partnership, within the framework of the European Neighbourhood Policy and the Union for the Mediterranean. More specifically, it seeks to improve understanding of the priority stakes in the economic and social spheres, and their repercussions on the Mediterranean partners in the framework of their implementation of EU Association Agreements and Action Plans.
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