Outbound tourism market starts to feel pressure2008-05-07
Latvian travel agencies and tour operators have started to feel local inhabitants’ declining purchasing power. It is predicted in this article that travel agencies will experience slight growth in 2008, but that some smaller agencies may go bankrupt. However, many entrepreneurs think that the desire to travel among people in Latvia will not reduce. Tour operator Novatours served 120,000 tourists more in 2007 than in the previous year, but the travel agency Impro Celojumi experienced a fall of the number of customers in March and April.
Latest news2008-05-07 flyLAL Group plans big-budget city guide
2008-05-07 Lithuanian villages provide peace and calm
2008-05-07 Four Kings’ Path to open with fire signals
2008-05-07 Nordic Hotel Bellevue opens in Riga
2008-05-07 flyLAL Group chooses controversial web address
2008-05-07 Price war in Tallinn hotel market?
2008-04-30 New Viking fast ferry starts on Tallinn-Helsinki
2008-04-30 Reval says it is ready to fight international chains
2008-04-30 Lithuanians complain it’s too expensive at home