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News

Figure of the day: 65%

CEOs of travel companies complain about lack of demand. Over half of the CEOs of travel companies and hotels say that the lack of demand is the key factor which limits their development. These data were presented in information and analytical material “Business climate in service sector in 4Q 2016”, prepared by HSE ISSEK Centre for Business Tendency Studies.

Figure of the day: 65%

In fact, Egypt, one of the most popular destinations for autumn and winter periods, remains closed for Russian tourists, according to the authours. Nevertheless, people find legitimate ways to travel to Egyptian resorts through third countries. But tour operators lose their potential profit.

With regard to domestic tourism, hope for its development has not been realized yet. “Apparently, many consumers consider both domestic and international trips to be excessive for thier budget", the report says.

Source: IQ.hse.ru