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Egypt’s unrest may cost Russian tour operators 35 mln dlrs - estimates

August 17, 2013, 0:56 UTC+3
The price of a tour to Egypt per person averages 600-700 US dollars
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Photo EPA/ITAR-TASS

Photo EPA/ITAR-TASS

MOSCOW, August 17 (Itar-Tass) - Russian tour operators should brace for about 35-million dollar losses, if the ongoing unrest in Egypt upsets travel voucher sales, the executive director of the Association of Tour Operators of Russia (ATOR), Maya Lomidze, told a news conference in Moscow on Friday.

“Most tours are booked as far as the end of September. Some October and November tours have been sold, too. Roughly speaking, sold vouchers may total 50,000,” Lomidze said. The price of a tour to Egypt per person averages 600-700 US dollars.

“Tour companies’ likely losses may reach 35 million dollars,” she said.

 

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