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Economy and Tourism

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TOURISM MINISTRY RECEIVES 32 GRANT REQUESTS FOR HOTEL CONSTRUCTION
 AND EXPANSION (3000 HOTEL ROOMS) WITH AN OVERALL INVESTMENT

OF MORE THAN NIS2.5 BILLION


Tourism Ministry Director-General Noaz Bar Nir: “An increase in the supply of hotel rooms will directly contribute to reducing the cost of vacationing in Israel, in line with the reforms spearheaded by the Tourism Ministry in order to increase incoming tourism. The Tourism Ministry is making significant efforts to encourage the construction of new hotels within the framework of the Law to Encourage Capital Investment and investors are expressing their confidence in the expected growth in this industry. Nonetheless, Israel’s unique position, including the geopolitical environs and the low return on hotel investment in Israel, obligates us to offer grants for assistance in hotel construction.”

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233,000 VISITORS ARRIVED IN ISRAEL IN FEBRUARY 2013, SIMILAR TO FEBRUARY 2012.

52% INCREASE IN DAY VISITORS

200% INCREASE IN CRUISE SHIP VISITOR ARRIVALS

 THE DECREASE IN VISITORS IN THE FIRST TWO MONTHS OF 2013 

SLOWED DOWN TO 3%  ON SAME PERIOD LAST YEAR

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The AICC's  Young Business Forum invites you to join us for

" What Makes a Successful  Young Entrepreneur"

Tuesday 5 March 2013

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March 11, 2013 will mark the two-year commemoration of the Great East Japan Earthquake.

Japan’s top priority is accelerating the “revitalization process”. The government will focus on policies that benefit economic revival, reconstruction and crisis management - the three main ‘pillars’ for enacting meaningful change.

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Tourism Minister Stas Miszhnikov: “It would appear that the effects of Operation Pillar of Defense and the worsening geopolitical situation in the region are reverberating on incoming tourism. As a result, the ministry has begun the year 2013 with intensive marketing activities to realize Israel’s tourism potential by accelerating the implementation of the recommendations from the Committee to Reduce Vacation Costs, the grading of hotels and by emphasizing an improvement in professional training within the industry.”

  1. TOURISM MINISTRY DIRECTOR-GENERAL NOAZ BAR-NIR
  2. IMTM - Representatives of Korea Tourism Organization is due to arrive in Israel in the next few days
  3. Herzliya Conference on Tourism: Tourism Ministry is spearheading a program to increase incoming tourism to the Dead Sea to at least 50 %
  4. Bethlehem Hotels Assn Dep. Chairman at Herzliya Tourism Conference: "Tourism is a