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Travis’s Concert To Cost Egypt EGP300 Million If Cancelled
The concert organizer for Travis Scott said canceling may lead to losses of around LE 300 million. CEO Mohamed Serag is unsure if the event can be rescheduled. With five days remaining, obstacles emerged as equipment and Travis Scott’s foreign team, who are already in Egypt, couldn’t access the pyramids area.
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At Least 12 People Dead and 27 Injured: Egypt Condemns Deadly Attack During Jewish Celebration at Sydney’s Bondi BeachInitially, preparations were set to start July 20, but Serag was unaware of the cancellation. They still struggle to get a permit for the pyramids area. However, he remains hopeful that the Tourism Ministry’s efforts will allow Travis Scott’s team to enter and prepare for the concert.
4,000 have already been sold to foreign attendees, each expected to stay for a week, resulting in 28,000 nights booked in Egyptian hotels. These bookings in foreign currency present a substantial opportunity for the Egyptian tourism sector to generate substantial profits.
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