Long-haul tours from Russia are being sold in accordance with the market situation: following a significant price rise amidst the currency exchange rate growth, the demand has gone at least 50% down. And the more affordable a destination the better it performs.

Middle-class hotels…

On the 2-nd of February 2015, the Civic Chamber of the Russian Federation was discussing the changes to tourism law in Russia.

According to the members of the Chamber, the new legislative project has number of disvantages which can result in new bancrupts of small tour operators, monopolization…

The reasons for such decisions are not known yet.

Claim for bankruptcy of tour operator VERSA was registered on January 26, 2015. The company informed about termination of business in international tourism on September 15, 2014. For that moment, 9 000 clients of tour operator were…