Russian tourism takes $400 million hit from coronavirus – operators

HomeStock

Russian tourism takes $400 million hit from coronavirus – operators

MOSCOW, March 5 (Reuters) - Russia's tourism sector has already taken a 27 billion rouble ($406 mil


MOSCOW, March 5 (Reuters)Russia’s tourism sector has already taken a 27 billion rouble ($406 million) hit from the affect of coronavirus, the pinnacle of the Russian Affiliation of Tour Operators stated on Thursday in a plea for presidency help.

The coronavirus outbreak has brought on havoc throughout the worldwide journey business as corporations prohibit worker journeys, airways axe flights, main occasions are postponed and holidaymakers select to remain at dwelling or delay their journey.

Russia has restricted flights to China, Iran and South Korea and warned in opposition to journey to these nations, in addition to to Italy which is a well-liked vacation spot for Russian vacationers.

Prior to now week, the variety of bookings with Russian tour operators has slumped 20% to 25% from the earlier week, with some businesses reporting no gross sales in any respect, foyer group chief Maya Lomidze informed a information convention in Moscow.

“The scenario is unprecedented, and calls for unprecedented measures be taken in help,” she stated after a…



nasdaq.com