by Ilan Gattegno and Zeev Klein
Israeli tourism to Turkey expected to spike toward Rosh Hashanah, as Israelis show more interest in all-inclusive deals • Deal also creates "historic opportunity" for energy projects, says chairman of the Association of Oil and Gas Exploration Industries.
Israelis are expected to
return in large numbers to Turkish resorts
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Photo credit: Ram Liran |
The reconciliation deal between Israel and Turkey will likely boost commercial activity between the two countries.
Chairman of the Association of Oil and Gas
Exploration Industries in Israel Uri Aldubi told Israel Hayom Monday
that the "deal creates a historic opportunity to boost cooperation on
energy projects with Cyprus and Egypt, be it for domestic consumption
[in those countries] or for further exportation to Europe." According to
Aldubi, "Turkey currently relies on Iran and Russia for natural gas."
In 2015, the scope of Israeli exports to Turkey dropped by some 40% while bilateral trade shrunk by 24% from 2014.
But despite the new chapter in Turkish-Israeli
relations, it will take a while before Israeli tourists head en masse
to Turkish resorts. Over the past several weeks, as it became clear that
a deal was about to be inked, Israelis have shown a renewed interest in
all-inclusive vacation packages to Turkey. But this will have little
impact on the summer months, mainly because large unions -- which
usually arrange a significant percentage of the trips to Turkey -- have
already bought packages to other destinations. A large uptick, however,
could be expected toward the High Holy Days this fall.
"We don't expect a drastic increase in flight
reservations for Turkey in the immediate term, mainly because most
Israelis have already booked their flights for this summer," CEO Yoram
Mutai of Aviation Links Ltd. said. "If the prevailing trends hold, we
will start seeing more demand toward the holidays."
Ilan Gattegno and Zeev Klein
Source: http://www.israelhayom.com/site/newsletter_article.php?id=34627
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