Analytics - Russian Travel Digest

09.09.2015

Fitch Ratings has downgraded Russia's largest airline Aeroflot's Long-term foreign currency Issuer Default Rating (IDR).

Fitch Affirms Gazprom Rating at 'BBB-' With Negative Outlook. Fitch Ratings said Monday it had downgraded Russia's largest airline Aeroflot's Long-term foreign currency Issuer Default Rating (IDR) to 'B+' from 'BB-' and placed it on Rating Watch Negative (RWN).

"Aeroflot's rating downgrade…

09.09.2015

Passports, Livestock and Corpses Stranded at Moscow Airport

The documents are now set to be shipped to the regions from Moscow's Domodedovo Airport. About 1,000 residents of Russia's regions who sent their passports to Moscow embassies to obtain foreign visas have been left without their travel documents after a holdup at the cargo terminal of Sheremetyevo Airport,…

08.09.2015

CIS hotel rates drop due to lack of Russian tourists

According to a research by the Hotellook.ru online service, this year's consistent drop in the tourist flow from Russiacaused hotel rates in Lithuania, Latvia, Georgia, and Ukraine to collapse. First quarter of 2015 revealed a 40% decrease in the number of Russian citizens' going abroad compared to…

08.09.2015

The European Union has lost nearly 40% of the Russian tourists in the first half of the year

In the first half of the year, arrivals from Russia to the EU decreased by 37.4% compared with the same period of the last year, according to the press secretary of the Russian Union of Travel Industry Irina Tyurina. She explained that these figures are based on statistics from Russian Statistics Service,…

07.09.2015

The number of Russians traveling abroad fell by 24% in the first half of the year

In the first half of 2015, number of international trips of Russians decreased by 24% compared with the same period of the last year and amounted to 16.4 million. Meanwhile, the number of international trips with tourism purposes decreased by almost 34%, according to data of the Federal State Statistics…

02.09.2015

Statement of Transaero Airlines

The Government of the Russian Federation held the meeting of the Intergovernmental commission chaired by Igor Shuvalov, First Deputy Prime Minister, on the issues of air transport industry. In the interests of the development of the commercial aviation and creating one of the largest in the world group…

01.09.2015

Lay-offs to leave Hermitage without security police as of November — museum head

Mikhail Piotrovsky, the Hermitage museum director-general believes that other Russian museums are likely to face similar problems. Police will stop guarding the State Hermitage Museum in St. Petersburg in November because of the forthcoming lay-offs at the Russian Interior Ministry, Mikhail Piotrovsky,…

26.08.2015

Eastern Europe loses almost half of Russian tourists this year

The Association of Russian Tour Operators said the devaluating ruble had caused a 50% decline in Russian outbound tourism since December 2014. Russia’s outbound tourism has decreased by 30% this year, according to the European Commission for Tourism. Eastern Europe has lost almost half of Russian tourists…

26.08.2015

Russian outbound tourism falls by 20%, further decline expected

The flows of tourists have been mainly reduced due to the depreciation of the Russian ruble, some people went to domestic beach destinations. Fewer Russians took holidays abroad this year, a decline of 20% compared with 2014, an advisor for tourism to the Russian culture minister, Nikolay Novichkov,…

24.08.2015

76% of Russians have chosen tours with all inclusive meal plan

More than 76% of all booked in 2015 tour packages include meals and services on "all inclusive" system, accordsing to the information of the Russian tour operator TUI. "Today, all Inclusive is the most popular meal plan on the mass tourism destinations. This system allows clients to save as paying…

24.08.2015

The number of outgoing tour operators in St. Petersburg fell from 400 to 98

Quite a large number of outgoing tour operators left the market within a year, some companies shifted to domestic tourism, the director of the Northwest regional branch of the Russian Union of Travel Industry Ekaterina Shadskaya reported. "Despite the fact that this year much less tourists book international…

24.08.2015

Because of the fall of the ruble, Russian tourists cancel partially paid tours

Continued fall of the ruble has led not only to a decrease in sales of international trips, but also to the abandonment of partially paid tours, according to the press secretary of the Russian Union of Travel Industry Irina Turina. "Many customers who have made a pre-payment for the tour and now have…

20.08.2015

The Visa Department of the German Embassy in Moscow will not take visa applications on September, 11

The Visa Department of the German Embassy in Moscow will not work on September 11, changes are made in the schedule of work of visa centers in a number of Russian cities due to the launch of the Visa Information System (EID) of Schengen countries on September 14, according to the German Embassy in Russia.…

20.08.2015

Tour operator Multitur announced the appointment of new CEO

The new general director of tour operator MULTITUR is Dmitry Sharov, the press service of the company reported D.Sharov works in Multitur since 2006. He worked operator, head of sales department, the executive director of the company. Previously CEO of MULTITUR was Alexey Vysokanov, who will remain head…

17.08.2015

The prices for flight tickets to non-CIS countries increased by almost 30%

In July 2015, the average price for a ticket in one direction to the non-CIS countries amounted to 12.5 thousand rubles, which is almost 30% more than in July in the last year, when it amounted to 9.65 thousand rubles. The cheapest routes from Moscow in the last month were to Prague, Berlin, Istanbul…

17.08.2015

OTI diversifies as foreign travel collapses

Major Russian tourism group OTI is diversifying and building up domestic holidays to counter the slump in foreign travel which could result in a market consolidation, according to a senior executive. Russian outbound travel has dropped dramatically this year on account of the devaluation of the rouble…

17.08.2015

The fall of the ruble increased the interest of foreign tourists to Russia

The interest of foreign tourists to Russia is growing against the backdrop of the ruble exchange rate, but the growth is due to the Asian rather than European markets, the press secretary of the Russian Union of Travel Industry Irina Tyurina said referring to incoming tour operators. The Moscow office…

06.08.2015

The weakening of the ruble again led to a decline in demand for tours abroad

Tour operators say about reduced demand for tours due to devaluation of the ruble and the uncertainty of future courses, the press secretary of the Russian Union of Travel Industry Irina Tyurina reported to Interfax.

"Tour operators have noted that the reason is not only reducing…

06.08.2015

In 2015, Russians spent less at Duty Free shops in Barcelona

The share of Russian purchases at Duty Free shops at Barcelona airport has decreased from 19% to 8% in the first half of 2015, according to the portal TRBusiness.com with reference to the report of the management of World Duty Free Group.
According to the report, overall sales in the Duty…

29.07.2015

Russian tour operators do not have debts on charter flights

Russian tour operators do not have debts to the air carriers for the organization of charter flights, airline officials said at a meeting held on Tuesday in Federal Tourism Agency.
The meeting was attended by the heads the Federal Tourism Agency, representatives of the association Tourpomosch,…

Fitch Ratings has downgraded Russia's largest airline Aeroflot's Long-term foreign currency Issuer Default Rating (IDR).

Passports, Livestock and Corpses Stranded at Moscow Airport

CIS hotel rates drop due to lack of Russian tourists

The European Union has lost nearly 40% of the Russian tourists in the first half of the year

The number of Russians traveling abroad fell by 24% in the first half of the year

Statement of Transaero Airlines

Lay-offs to leave Hermitage without security police as of November — museum head

Eastern Europe loses almost half of Russian tourists this year

Russian outbound tourism falls by 20%, further decline expected

76% of Russians have chosen tours with all inclusive meal plan

The number of outgoing tour operators in St. Petersburg fell from 400 to 98

Because of the fall of the ruble, Russian tourists cancel partially paid tours

The Visa Department of the German Embassy in Moscow will not take visa applications on September, 11

Tour operator Multitur announced the appointment of new CEO

The prices for flight tickets to non-CIS countries increased by almost 30%

OTI diversifies as foreign travel collapses

The fall of the ruble increased the interest of foreign tourists to Russia

The weakening of the ruble again led to a decline in demand for tours abroad

In 2015, Russians spent less at Duty Free shops in Barcelona

Russian tour operators do not have debts on charter flights

President Putin signed a law on the obligation of parliamentarians to coordinate travel abroad

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