Commentary why is ethiopia’s tourism industry struggling – ethioexplorer.com electricity year 6

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Kenya has made great strides to improve its tourism market after recent political riots and security concerns in 2017. gas kush The Kenyan Ministry of Tourism has ideally showcased that the country is ready for investment. Its supporting organization – the Tourism Finance Corporation – is available to finance new projects, as well as, provide business advisory services to investors to prevent them from having difficulties entering the market.

In terms of attracting travelers, they have been able to host international events and media personalities, such as, Richard Quest from CNN, to expand the nation’s profile to the world. It is also important to add that Kenya has prioritized the maintaining of its conservation and wildlife programs to ensure the safeguarding of its crown jewels – the Big Five.

In 2016, ETO released a marketing strategy that was meant to act as a blueprint for the development of the national tourism industry. electricity year invented One section prioritized the development of the meetings industry (MICE) and observe the potential of transit tourism. e85 gas stations florida To date little has come to fruition, besides the easing of visa restrictions for travelers and introduction of several ET-Holiday packages.

In regards to MICE, the sector continues to be led by stakeholders in the private industry. To exacerbate this, the idea of creating a much-needed convention bureau for Ethiopia was completely overlooked by ETO during a meeting organized by the Addis Abeba Hotel Owners Association in September 2018. electricity electricity goodness This event was attended by key local stakeholders, such as, Ethiopian Airlines and the Ethiopian Events & Exhibition Organizers Association.

Another noteworthy concern is the limited access to finance. Ethiopia has the potential to support a growing tourism sector, but if the capital is not available to invest in improving both tangible and intangible assets, little progress will be made. 9gag For example, a tangible asset would be the development of tourist centers and facilities at popular sites. Intangible assets would be the effective marketing mediums and promotions to connect with travelers.

Ethiopia’s government has long supported the development of hospitality assets going as far as providing tax incentives and duty-free privileges for new hotels. gas x and pregnancy However, given the unappealing financing market, it has been difficult for most of these properties to open their doors. Some of the challenges facing developers are expensive borrowing rates and access to hard currency.

Furthermore, there isn’t a concrete budget for developing and preserving tourist sites throughout the country. power outage houston zip code The federal government and regional states seem to rely on international financing instead of using their own budgets for these projects. For example, the government does not have the adequate funds for the restoration of the Lalibela churches. This unfortunately applies to the national parks, museums, and heritage sites.

A solution could be the implementation of a tourism tax, such as, the Tourism Dirham in Dubai or tourism taxes that are present in many European nations. These taxes can be used to fund the continuous development and improvement of its tourism markets. Thus, relieving the country of the stigma of relying on foreign money to help its own industry.

A short-term solution to improving tourism would be to target domestic tourists and the diaspora. With targeted marketing efforts and promotions, unique destinations in Bale, Simien, Omo, and Danakil can be experienced by locals. Without properly incentivizing people on what is available, it will be impossible to show them what they are missing. Domestic tourism can be developed as a complement to the international one and offer a well-rounded tourism economy.