A near-record year for foreign travel was hurt by the Arab Spring and Europe’s debt woes.
First, the good news: The Israel Hotel Association reported that foreign tourism in 2011 nearly paralleled 2010’s record-breaking season, when close to 3.5 million visitors flocked to the Holy Land.
Now, the bad news: The Arab Spring and the ongoing economic turmoil in the Euro Zone continue to take their toll on travel to Israel.
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