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Samy Soliman, Chairman of Taba-Nuweiba Investors Association, said the latest incidents took place on the Egyptian Israeli borders led to retreating the tourism turnout on Nuweiba and Taba.
In exclusive statements, Soliman said the tourism turnout affects the hotels’ owners and may close down 3 stars hotels.
The decline of tourism turnout results in slashing the incomes of these hotels, as these hotels have financial commitments; such as paying the electricity bills, water and wages. Therefore the hotels will not be able to pay all these bills.