12/04/2006

London , UK - 25 April, 2006 - The World Travel & Tourism Council (WTTC) is appalled and saddened by the bomb attack in Dahab , Egypt on Monday April 24. We offer our sincerest condolences to those affected by this horrific attack.

The attack is yet another example of terrorist groups' attempts to undermine confidence and cause widespread destruction and chaos. WTTC commends the authorities for their speedy and effective response and continues to support the Egyptian government as they move forward with development plans.

Jean-Claude Baumgarten, WTTC President said, "Although the short-term impact of these attacks on tourism in Egypt may be significant, the long-term outlook remains positive. Egypt has a thriving Travel & Tourism industry, accounting for 15 per cent of total GDP and over 2 million jobs. We are confident that, as after recent attacks in Sharm-el-Sheikh , the government will put in place policies to support and encourage the continued growth of the industry."

The Council urges the international community to continue to travel in order to defeat the terrorists' aims. Travel can defy terrorism by encouraging and enriching exchange of customs and educating each other in the diverse cultures our world has to offer.

About the World Travel & Tourism Council

WTTC is the forum for business leaders in the Travel & Tourism industry. With Chief Executives of some one hundred of the world's leading Travel & Tourism companies as its Members, WTTC has a unique mandate and overview on all matters related to Travel & Tourism.

WTTC works to raise awareness of Travel & Tourism as one of the world's largest industries, employing approximately 230 million people and generating over 10 per cent of world GDP.

Further Information
For more information, please contact WTTC at enquiries@wttc.org or visit www.wttc.org