"Last year was a year of success for the Latvian travel industry. Latvian border was crossed 5.8 million times, a 4.5 percent increase in comparison with 2012."
Riga, April 15 - Due to an economic slow down in Russia, the number of tourists from Russia may decrease, said Kitija Gitendorfa, president of the Association of Latvian Travel Agents and Operators Monday.

The situation in Russia is similar to the situation in Latvia at the time of financial crisis, when many people preferred to economise on travelling. The number of tourists from Russia has already decreased since the end of last year, Gitendorfa was quoted as saying by the Baltic News Service, according to Xinhua.

Gitendorfa noted that the share of tourists from Russia is substantial, therefore, to compensate this decrease by means of tourists from other countries might be difficult.

Last year was a year of success for the Latvian travel industry. Latvian border was crossed 5.8 million times, a 4.5 percent increase in comparison with 2012.

The Latvian government considers tourism as a priority industry. Tourism contributed 608.4 million euros to the Latvian economy last year, or nearly four percent of the country's gross domestic product.


comments powered by Disqus
Read more on:
 PARIS (8591 views)
 RUSSIA (7799 views)
 UCC (7251 views)
 ECONOMY (6771 views)
 MIC (6001 views)
 TOURISTS (5801 views)
 ECR (5791 views)
 FINANCIAL CRISIS (4681 views)
 GROSS DOMESTIC PRODUCT (3875 views)
 ORDE (4061 views)
 LATVIA (3482 views)
 12 (3611 views)
 2 (1241 views)
 

PERMALINK

http://www.nerve.in/news:2535002323161
You can quote the permanent link above for a direct link to the story. We do not archive or expire our news stories.


STORY OPTIONS
  Email this story to a friend
  XML feed for Europe


 
COPYRIGHTS INFORMATION
All rights reserved for news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.
Contact Nerve Staff for any feedback, corrections and omissions in news stories.
 

All rights reserved for the news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.