Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

BizportalEconomy

Record 1.4 Million Israelis Traveled Abroad in One Month

Translated & summarized from Bizportal by baba

BusinessNeutral tone

Hebrew · 6 newsrooms covering

A record 1.4 million Israelis traveled abroad in a recent month, while only 117,600 visitors entered Israel, significantly impacting the local economy. Departures have returned to pre-war levels, but inbound tourism remains substantially lower, affecting the hotel and tourism sectors.

The story in 5 lines · by baba

  • 1.4 million Israelis traveled abroad in one month, a new record.
  • Only 117,600 visitors entered Israel during the same period.
  • Departures have returned to pre-war levels, but inbound tourism lags.
  • The imbalance significantly impacts Israel's tourism-dependent economy.
  • Israeli airlines, especially El Al, are benefiting from the outbound surge.

In the most recent month for which data is available, a record 1.4 million Israelis departed the country, surpassing even the numbers seen in August 2023, prior to the war. During the same period, only 117,600 visitors entered Israel, representing approximately 38% of the figure from August of the previous year. The vast majority of departures, 1.2 million, were by air, with around 190,000 using land crossings and 12,000 by sea. This heavy reliance on air travel means any disruption at Ben Gurion Airport significantly impacts the entire system, while land crossings serve as a secondary route primarily for regional destinations.

Cumulatively, since the start of the year, about 6.07 million Israelis have traveled abroad, a figure nearly identical to the 6.06 million during the same period last year. The notable surge occurred within this single month, coinciding with the peak holiday season, rather than reflecting a year-long trend. On the inbound side, 668,200 visitor entries have been recorded this year, a decrease of about 19% compared to 827,500 in the same period of 2023. While departures have returned to pre-war levels, inbound travel continues to lag.

Of the visitors who entered last month, 115,900 were classified as tourists, with an additional 1,700 as day visitors. This composition suggests that most arrivals are staying for overnight stays, indicating a prevalence of family visits and pre-planned trips over spontaneous tourism or cruise-related day trippers. The primary source countries for visitors were the United States (34.9%), France (13.1%), the United Kingdom (7.9%), and Russia (4.8%). This concentration, particularly with over a third of visitors coming from a single market like the U.S., makes inbound tourism highly sensitive to security perceptions or the flight policies of individual American airlines.

The tourism balance, which relies on the difference between Israeli spending abroad and visitor spending in Israel, is currently skewed against the local economy. The significant outflow of Israelis compared to the limited inflow of visitors directly impacts hotels, restaurants, tourist sites, and guides dependent on international clientele. Ben Gurion Airport is simultaneously experiencing peak outbound traffic, with some days seeing around 100,000 passengers, exceeding previous records. Israeli airlines, particularly El Al which handles over half of the airport's traffic, are benefiting substantially from this outbound surge, as evidenced by El Al's doubled profits.

Despite the increased costs for Israeli families traveling abroad, ranging from approximately $2,700 for nearby destinations to tens of thousands for distant ones, demand remains strong, explaining the high volume of departures. The Israeli hotel industry, which relied heavily on millions of annual visitors before the war, is experiencing the impact of the 19% drop in entries this year, translating to thousands of empty rooms nightly. Hotels dependent solely on the domestic market struggle to fill rooms during weekdays and off-seasons, highlighting the revenue gap caused by the imbalance in inbound tourism. The spending of an international visitor in Israel is considered a service export, while Israelis traveling abroad contribute to other economies. The current ratio stands at about 12 departures for every one visitor, a stark contrast to the approximately 4-to-1 ratio in August 2023.

BizportalOther · Tel Aviv

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

EconomyTopic

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Mentioned

Open the Wire