MOSCOW, September 14 (Itar-Tass) —— There will be no more than 30 large companies offering foreign tours in Russia in five years, Chairman of the Club for Tourist Rights Protection, Public Chamber expert Dmitry Davydenko told a Friday press conference.
“There will be more bankruptcies of tourist operators this year, both small and medium,” he said. “The tourism market is turbulent”
“Over 2,000 companies in Russia sell foreign tours at present. We project about 20-30 companies will be left within three to five years. These tour operators will have their own aircraft and access to cheap loans,” he said.
“Small and medium tour operators will either blend with bigger ones or leave the market. Only those selling individual foreign tours and domestic tours will survive,” the expert said.