Libya and Algeria tipped to be new boom countries
LIBYA and Algeria have the potential to share in the boom that neighbouring countries Morocco, Egypt and Tunisia are enjoying, according to the World Travel Market Global Trend Report 2007 released and published in partnership with market intelligence company Euromonitor International.
Clement Wong, Euromonitor International’s global travel and tourism research manager, said “There is an optimism that both Algeria and Libya can learn and benefit from the successes of Morocco, Tunisia and Egypt.
“The British traveller and holidaymaker has a reputation for searching out new destinations and experiences so we expect both countries to feature on the worldwide tourism map in the coming years.”
Libya and Algeria have been neglected by international visitors mainly due to domestic political tensions. Both governments are now embracing tourism development as a means for economic growth and have started to build the necessary infrastructure as well as welcoming foreign investment, particularly from Middle East countries.
The combination of culture with ‘sun, sand and sea’ has already attracted a number of international hotel groups. The Corinthia Group operates a five-star hotel in Tripoli, while the Italian company Gruppo Norman is building a resort to accommodate up to 3,800 people on Farwa Island.
Accor Group plans to open 36 hotels in Algeria by 2015, while Marriott International and Starwood Hotels & Resorts Worldwide are doing business in Algeria with further development projects submitted to the ministry of tourism. v