Entrepreneur outlines hurdles facing incoming tourism


High prices, lack of financing and the need for a visa-free regime

Vladimirs Barsuks, director of the restaurant Zilais Putns, shares his opinions about what he considers to be the three most serious obstacles facing incoming tourism in Latvia. First, a visa-free regime would ensure the arrival of a large number of tourists from Russia, which would help give the economy as well as the tourism sector a much-needed boost. Second, Barsuks says that tourism services in Latvia are too expensive, having increased to extortionate levels over the last 10 years, meaning that Latvia is no longer able to compete with other countries in attracting tourists. Third, the cash-flow crisis in the country is a serious problem for the tourism industry because Latvian banks are not providing financing, stifling business.


Dienas Bizness, 2009-04-22

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