Surge in Hotel Investments in Iran Due to the Economic Opening Broughtby the Nuclear Deal
Since the Islamic Revolution in 1979, Iran has been a pariah state with acrimonious relations with Western nations for over 30 years. However, with the recent nuclear proliferation deal, Iranians will see economic sanctions lifted, making arranging and carrying out trips to the country far easier for westerners. Moreover, Iran has 19 UNESCO World Heritage Sites, giving it major tourism potential. As a result, visitors to Iran have increased, reaching 5.1 million in 2014, an increase of 4.2% in just...
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