Al Jazeera correspondent Fatima Khamaysi said that economic activity during the month of Ramadan is scarce within the Old City of occupied Jerusalem. Head of the Jerusalem Tourism Association, Raed Saadeh, says that Jerusalem pays a huge price that affects its economic situation in any changing political situation in Gaza, Lebanon, or Jordan.
He added that 30% of the town's shops were completely closed, and more than 70 per cent of the volume of cultural activity had diminished. The number of hotels in the city has decreased from 40 hotels in 2000 to only 24, and the rest have been closed.