Israeli hotel chain to open in Yemen?

Israeli investors are in the process of acquiring a string of hotels in Sanaa, Yemen.

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By  Shilpa Mathai Published  January 20, 2004

Israeli investors are in the process of acquiring a string of hotels in Sanaa, Yemen. According to the Al-Shmoa magazine, negotiations are at an advanced stage and the deal will be announced shortly. The group of Israeli and Jewish investors is negotiating a deal with a local hotel owner who is rumoured to have been involved in a collaboration effort that took place in the 1980s to smuggle Ethiopian Jews to Israel. Yemen does not have diplomatic relations with Israel and Israelis are not permitted to enter Yemen on Israeli passports. The two countries do not even have a direct telephone link. Since September 11, 2001, Yemen’s tourism sector has lost over $250 million. To compensate for the drop in overseas visitors, Yemen’s Ministry of Tourism is now promoting religious attractions in the country to attract visitors from India, Pakistan, East Asia and the Gulf.

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