Sales of foreign tours decreased by 30-40% due to the fall of the Ruble exchange rate
“Foreign tours sales decreased by 30-40% due to the decreasing of the Ruble”, - said the Press secretary of the Russian Union of Travel Industry (RCT) Irina Turina. "Sales on Tuesday fell by at least 10% and in some cases by 30-40%. This happened because of the collapse of the Russian stock and currency markets: the dollar crossed the level of 63 rubles for the first time since December 2016, the euro exceeded 78", - added I.Tyurina. She noted that if the situation develops according to this scenario, tourists will take a long pause, the market will be frozen, as it was in 2014. "There is only one plus: the main beach resorts, primarily Turkey and Greece, recording a good demand on our market during 2017, significantly increased prices. Now ruble fell by 10-15%, so they will have to reduce the cost of accommodation at least by 10% to attract Russian tourists", - underlined I.Tyurina. At the same time, the current weakening of the ruble will be beneficial for incoming companies in Russia. "The sharp increase of incoming flow was observed in 2015-2016, against the background of a low ruble.
Yury Mishchenko, graduated from Moscow Institute of Foreign Languages, has more than 15 years experience in tourism and travel. Working both in tour operator company as destination manager, and in travel agency as sales manager, he is focused on analysis of Russian tour operators’ daily routine. Recently, Yury works in Baginet Marketing and Sales Agency.