Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


The Bankruptcy Of Neva Travel Agency
July 20, 2014 16:42


(Source: http://globalbluespb.ru)

The bankruptcy of “Neva” travel agency revealed the problems of the tourism industry. Russian tourist market undergoes a crisis. As a result of the short-sighted policy of some airlines and tour operators, supply outstrips demand.

The complexities of “Neva” had become known about a week before the company declared itself bankrupt. First wake-up calls came from Greece, where “Neva” sent tourists. Later the St. Petersburg travel agency declared itself bankrupt. Why did it happen? The fact is that the Russian tourist market undergoes a crisis.

Travel agencies of that market have quite serious risks that may end up in a sad way for individual companies and their customers. The first signs of the crisis emerged in the market back in 2012, when the travel agency “Lanta-Tour” turned bankrupt. Then the entry into Egypt was closed for Russian tourists for the first time, although temporarily, because of the revolution in this country. The Russian market began to experience crisis – the work of many travel agencies became too risky. That was why foreign travel agencies began to leave the market.

Currently there are almost none of these in Russia. Why did the crisis emerge? The fact is that the market was very excessive. Airlines leased too many aircrafts, and flights supply exceeded the demand. That is why many companies are dumping now, setting the cost of air service lower than that of air tickets. Some airlines began to sell cheap tickets hoping to kill the competition. As a result, a Russian tourist can have a rest abroad for 8-10 thousand roubles, and the extra costs for his/her vacation will be paid by the airline company and the tour operator. Additional payments are made out of working assets. But this technique only works while the demand is growing, this cannot last forever. Sooner or later it fails. For this reason the airline company “Moskovia” couldn’t bring Russian tourists back from Bulgaria.

For this reason the travel agency “Neva” stopped its work. Unfortunately we cannot escape from “last minute tours”, when our citizens are offered a vacation abroad on the shores of the azure sea 8-10 thousand roubles. It is not real to have a rest in Russia for this money. Therefore, buying a ticket “for a penny” Russian tourists should realize that they are in a risk zone, and anything can happen. Unfortunately, so far this is the reality of the Russian tourist market. 


Sources: http://itar-tass.com http://ria.ru 

Author: Anna Dorozhkina

Tags: Neva Travel Agency Russian Tourism    

Next Previous

You might also find interesting:

Russia And Armenia Agreed On A Joint Investigation Into the Criminal Case Of Massacre In Gyumri Russia May Be Accepted Back To the G8 Opera Closes Its Office In Russia Nord Stream Applied For a Permit to the Swedish Government Black caviar: certified for export





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Konstantin Stanislavski  animation  Web  Books  nuclear physics  Archeology  Siberia  Exhibitions in Moscow  Moscow monuments  Russian painting  Russian history  tourism  Russian business  Soviet Literature  Football  Lagan  Russian tourism  school  Jewish Museum and Tolerance Center  Gorky Park  Mikhail Gluzsky  Kazan  Christmas fair  Painting  Russian regions  Russian women  Celebs  Russian mobile networks  Russian diamonds  Chechen republic  Transportation  Russian Cinema  Lunarium  religion  Anastasiya Vertinskaya  Mercedes-Benz Fashion Week Russia  Ryazan  Moscow Institute of Steel and Alloys  Moscow traffic  Gas Emissions  Red Square  Life Saving  Wooden Sculpture  Roshen  System of a Down  Alpari  Moscow  Russian Literature  Counts  Film award 


Travel Blogs
Top Traveling Sites