Israel's tourism and hotel sector will receive aid worth NIS 300 million, Minister of Finance Yisrael Katz and Minister of Tourism Asaf Zamir have announced. The two ministers met with representatives of Israel's hoteliers who set out the difficulties facing the sector and the severe blow they have suffered. Israel's borders were closed to foreign tourists in March when almost all Israel's hotels closed down, putting most of their employees on furlough, and many have yet to reopen. In Tel Aviv and Jerusalem, overseas tourists provide most of the business for the hotels. RELATED ARTICLES Israel's tourist industry hopes for border relaxation in July Dan Hotels set to reopen Israel's hotels gear up for post-lockdown reopening With the lockdown eased, some hotels are slowly resuming operations, targeting domestic tourism. But as long as there is no likelihood of foreign tourism returning, the economic damage caused to hotels and related businesses (suppliers, tourist attractions etc.) will continue to grow. Published by Globes, Israel business news - en.globes.co.il - on June 2, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020
