As the Russia-Ukraine war nears its fifth week, countries that have benefited from Russian tourists are worried that they’ll have yet another tough year.
Now there’s a monumental decline in Russian tourists as the country calls residents home and war-related sanctions hurt the ruble – Russia’s official currency.
Many of those tourists boarded flights back to Russia in early March. Reuters reports that Russian travelers in Cuba cut their vacations short after it became clear that western nations were closing airspace to Russian aircraft in response to the war. Russian tourists reportedly spend $765 a year when vacationing abroad, according to tourism data published by WorldData.info – a global economic analytics resource.due to global sanctions. Russian stocks have only started to gain in the last week as the Moscow Exchange resumed trading.
Chattan Kunjara Na Ayudhya, the deputy governor for International Marketing for the Tourism Authority of Thailand, told the Associated Press that he believes the devaluing of thecould lead Russian tourists to shift their sights to all-inclusive accommodations that have "better prices."
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