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Possible losses of the tourist industry due to coronavirus were calculated in Russia
Russian inbound tourism may suffer serious financial losses already in the offseason due to restrictions by the Chinese authorities on the sale of tours abroad. The total maximum losses of the tourist industry serving tourists from China for the first quarter of 2020 can amount to up to 100 million US dollars.
As the Association of Tour Operators , according to aggregated data of tour operators, in February about 45 thousand organized tourists from China were to come to Russia. If all applications of airlines, tour operators, hotels, food service outlets are canceled, the approximate amount of the total loss of the “white” travel industry will be $ 40-45 million. In case of prolongation of quarantine until March, Russia will not count about another 50 thousand tourists from China.
Representatives of the Russian travel industry hope that the situation will clear up by March and the actual travel ban for organized travelers in China will not affect the most popular summer reservations. While tour operators do not record failures from trips for the summer. It is expected that during this period, about 900 thousand tourists from China will visit Russia.