US sanctions are blessing in disguise for Iran tourism

Young journalists club

News ID: 43498
Iran » Iran
Publish Date: 17:23 - 03 September 2019
TEHRAN, Sept 03 -Sauntering through the teeming traditional markets of Isfahan, the erstwhile capital of Iran during the Safavid rule, Daniel and his partner Julie were busy picking up souvenirs for their friends back home.

US sanctions are blessing in disguise for Iran tourismTEHRAN, Young Journalists Club (YJC) -The newlywed couple from Germany chose Iran as their honeymoon destination partly due to Daniel’s longstanding love with Iranian culture and partly due to economical travel packages.

While it was Julie’s first visit to Iran, Daniel had made a solo trip back in 2016. That 10-day trip, he recalls, changed his perception about Iran and made him fall in love with the “unparalleled beauty of the place”.

The only difference between then and now is the cost. In 2016, Iran’s economy was relatively stable and the country’s currency was doing well.

But things have changed since then, especially over the past one year, after US President Donald Trump withdrew from the Iran nuclear deal and announced economic sanctions against Tehran.

In the last one year, Iranian currency, the rial, has witnessed a sharp tailspin, losing its value against the US dollar by almost threefold.

For Daniel and other foreign tourists, it came as a blessing in disguise. With the value of foreign currency especially the US dollar and the euro shooting up, travelling to Iran has become a low-cost affair.

“During my first trip to Iran in 2016, I had to stay within the constraints of my budget, but this time due to staggering nosedive of the rial the expenses were comparatively less, allowing me to shop with free hand,” Daniel told Anadolu Agency.

Tourist boom

Foreign tourist arrivals in Iran have grown exponentially in the last one year, according to tourism officials and travel agents, which is good news for the tourism industry; even though hotel rates have dropped drastically and travelling costs have declined.

According to the latest study by World Travel and Tourism Council (WTTC), Iran's travel and tourism sector grew by 1.9 percent in 2018 to contribute 1,158 trillion rials ($8.83 billion) or 6.5 percent of overall GDP and 1,334 jobs (5.4 percent of total employment) to the country’s economy.

The report also stated that foreign visitors coming to Iran splurged 168,954 billion rials ($1.28 billion) in 2018 and projected foreign arrivals to reach 6.5 million in 2019.

Another report by the Cultural Heritage, Handicraft and Tourism Organization (CHTO) of Iran also showed that the number of foreign arrivals in Iran surged by 40.66 percent during the spring this year compared to the same period last year.

A total of 2,030,523 million foreign nationals visited Iran this spring (three months starting March 21), while the figure stood at 1,443,551 in the same period last year, it added.

“The development of tourism infrastructure, the considerable volume of investments in the tourism sector, the issuance of electronic visa and visa waiver for select countries are the main reasons behind it,” said Ali Asghar Mounesan, the head of CHTO.

About 7.8 million tourists traveled to Iran in the last Iranian calendar year [ending March 20, 2019], marking a 52.5 percent growth compared to the previous year, he informed.

Source:presstv

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