Impacts, Sustainability, and Resilience on the Egyptian Tourism and Hospitality Industry after the Russian Airplane crash in 2015

Said El Atiek and Stéphane Goutte
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Said El Atiek: PSB - Paris School of Business - HESAM - HESAM Université - Communauté d'universités et d'établissements Hautes écoles Sorbonne Arts et métiers université

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Abstract: The Russian airplane crash in 2015 has severely affected the tourism industry in Egypt. The present article is focused on the impacts of economic, political, and social impacts on Egyptian tourism after this crisis. The present study aimed at dealing with the crisis to mitigate the consequences and allow the companies to make the best use of it to restore their business. The present article has also discussed the crisis impacts on the financial situation of company A which is one of the top five hospitality companies in Egypt. Crisis management and investments in human resources were the most effective strategies to overcome the harsh consequences of the crisis on tourism sector. The present study data is based on the Egyptian ministry of tourism figures, internet, articles, and international channels reports aimed to explain how the political, social, and economic events had a negative impact on the hotel industry in Egypt.

Keywords: Egypt Russian air plane Sharm El-Sheikh Tourism crisis Economic impact Political impact social imact; Egypt; Russian air plane; Sharm El-Sheikh; Tourism crisis; Economic impact; Political impact; social imact (search for similar items in EconPapers)
Date: 2023-01-01
New Economics Papers: this item is included in nep-ara, nep-cis, nep-env and nep-tur
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03917358v1
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Journal Article: Impacts, sustainability, and resilience on the Egyptian tourism and hospitality industry after the Russian airplane crash in 2015 (2023)
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