The authorities of the Republic of Karelia have approved the regional government financing program. The total amount of financing within the program’s framework will amount to about $9bn, which will be drawn from federal, regional and local budgets, as well as from off-budget sources.
According to experts, the demand for river cruises in Russia’s European part is higher than the year before. Neither the shallowing of the River Volga nor Rechtourflot LLC taking French leave without fulfilling the obligations to its clients could affect the cruise industry.
Despite the losses suffered by tour operators, experts believe that the total tourist flow from Russia to Crimea may well reach last year's results.
Travel season in Abkhazia is not exactly going without a hitch. There had been an upsize in early bookings, but the political situation, as it so often does, undermined the plans, and demand dropped.
CEO of Versa tour operator expects the market conditions to stabilize within the coming weeks. “And if our tourists believe us and understand that they are protected, the situation will take even less to normalize,” he added.
Experts’ estimations differ when it comes to assessing the prospects of the 2014 summer season in the sphere of educational tourism: some maintain that its volumes will stay the same or even increase, others remain cautiously pessimistic.
Currently, international tourism takes up 29% of the global services export. Tourism places fifth among the global export industries, coming in after the energy, chemical, food and automotive industries. However, for many developing countries tourism is the most important industry.
The airlines that are going to participate in the ‘Crimean’ subsidizing program have already given to understand that the planned tariffs and subsidies were not enough to make the economics of flights profitable, or at least for them to break even. Oleg Panteleev, Head of Aviaport’s analytical service, told TRN about it while commenting on the topic.
According to Deputy Russian Ministry of Culture Alla Manilova, who said it during the conference ‘Government Support for Small Hotels and Small Businesses in Tourism’
St. Petersburg’s Governor Georgy Poltavchenko: “Neither western sanctions, nor political scheming will undermine foreigners’ interest in the city”.
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