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Russian tour operators calculated losses from coronavirus
The Association of Tour Operators (ATOR) reported possible industry losses due to the outbreak of coronavirus in China and the ban on Chinese citizens entering Russia. The lost income of inbound tourism in February and March may amount to about 2,8 billion rubles.
As Executive Director (ATOR) Maya Lomidze said at a press conference, if the tourist flow from China does not resume in the summer season, the industry’s losses could reach 31,2 billion rubles. This is not about direct losses, but about lost profits.
The total tourist flow from China this year, according to Lomidze, will in any case be less than in 2019. Partially replace tourists from China will be able to guests from Europe, the Middle East and Southeast Asia. For them, they can reduce the price of tours, as vacated places in the hotel. If the tourist flow from China resumes from April-May, the loss of the beginning of the year can be compensated by extending the season until November.
Most of all, according to ATOR analysts, the lack of tourists from China will affect the sector in the Far East, Moscow and St. Petersburg, which is exclusively dedicated to the reception of “gray” groups from China. If there are no tourists, such a business will be forced to leave the market.