WEDNESDAY, 8 DEC 2021

 

CONNECT

Facebook Linked In Twitter
Gold_November_leaderboard
gloria_christmas_266x90
IMH LTD

Cyprus Supports European Deposit Insurance Scheme Creation, FinMin Told ECOFIN Meeting

President Anastasiades Calls For Unity To Address National Challenges

IMH LTD

HOTEL, TOURISM & LEISURE

Russian Tourism: Increase in Demand for Holidays in Cyprus and Greece

Russian Tourism: Increase in Demand for Holidays in Cyprus and Greece

Russian tour operators report an increase in demand for holidays in May compared with last year, 10-15% for foreign destinations and up to 20% on tours in Russia, according to Tornos News. Top choices are resorts in Krasnodar region, the Crimea, Moscow, and St. Petersburg, the Golden Ring routes and river cruises. Top outbound destinations include Cyprus, Greece, Spain, Montenegro, Czech Republic, Italy and France.

Despite the small volume of sales, market players expect that demand will eventually increase, due to a larger number of bookings of tours in Russia, travel to visa-free countries, such as Serbia and Montenegro, to destinations with facilitated visa procedures such as Cyprus and countries in Southeast Asia. "The direction of the Southeast Asian demand clearly shifted: now tours are bought even at the last moment, since the majority of countries in the region virtually visa-free," KMP Group notes.

Natalia Litvinenko, Deputy Director of Sales for "Russian Express" explains, "Many tourists are not yet sure of their plans. There is a category of tourists, who are waiting for "last minute prices" for tours. So, we expect that demand will peak after April 15 and the active sales period will continue through to the end of April. "

The same point of view is held by representatives of the national operator ALEANA: "In the next ten days, we expect the next surge in bookings".

The duration of vacations varies with different destinations. For tours in Europe, Russians prefer 3-7 days, for European seaside resorts 5-7 days, for tours in Southeast Asia countries 9-10 days. Cost naturally depends on choice of destination and duration of vacation. On average, it ranges from €600 to €1,500 per person, including airfare. The most popular departure dates both abroad and in Russia are 29 and 30 April.

In Russia, tours typically last from 3-4 days to a maximum of 7-10 days. "The most popular tour duration is 4 days. There is great demand for arrivals from 30 April to 3 May. Nevertheless, a lot of travellers are choosing seven-day duration, " ALEANA staff report.

According to the German tour operator, the market is mainly affected by the absence of the two destinations that have been leaders in the past year, Turkey and Egypt. "For May holidays in 2015, these areas were the leaders in demand, followed by Italy, Cyprus, Greece. This year, these three destinations, Cyprus, Italy and Greece have taken the lead. Cyprus has become more popular as an alternative to other warm countries, and excursions to Italy during this period remains always in demand," TUI Russia says. Finally, this year most tourists travelling to foreign destinations, select budget accommodations and reduce duration of travel.

MORE ON HOTEL, TOURISM & LEISURE

FROM AROUND GOLDNEWS

   

AstroBank: Investment Opportunities In Commercial And Industrial Properties

Investment opportunities in commercial and industrial properties throughout Cyprus are available through AstroBank. Many of the properties have existing ...
   

The Cyprus Bar Association (CBA): Legal Gala Dinner 2022

The Cyprus Bar Association (CBA) is organizing the Legal Gala Dinner 2022, set to take place on Thursday, 3 February 2022 at 19:30, at the Hilton Nicosia. The ...
   

FINTECH: The Revolution Where No-one Gets Hurt

Fintech: It’s the buzzword of our times, often described as the 5th industrial revolution. But is it really a revolution? Think about it: What do all ...
   

Bitcoin 'Founder' To Keep 1m Bitcoin Cache

A computer scientist who claims he invented Bitcoin has won a court case allowing him to keep a cache of the cryptocurrency worth billions of dollars.
   

A Cyprus Settlement To Contribute To Regional Stability, Joint Declaration By Israel, Cyprus And Greece Says

A Cyprus settlement in line with international law and UN Security Council Resolutions would significantly contribute to the peace and stability of the region, ...
   

Cyprus Supports European Deposit Insurance Scheme Creation, FinMin Told ECOFIN Meeting

Finance Minister Constantinos Petrides reiterated that Cyprus supports the completion of the banking union during Tuesday’s meeting of the Economic and ...
   

President Anastasiades Calls For Unity To Address National Challenges

President of Cyprus Nicos Anastasiades called for unity in the interior, to address important national challenges, in difficult times for the country.
   

Banking Software: Challenges Vs Opportunities

Banks as we know them today have a diverse portfolio of products and services that are continually adapted to the needs of individuals and corporate clients. ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Gordian_17/03/21-30/11/24_300x250px
inb_december_issue

IMH LTD