International tourism impacted with absence of Russians tourists

 Tuesday, September 6, 2022 

Tourism destinations around the world are witnessing a noticeable effect in their economies. Russians are staying at home in the wake of war-related sanctions, and this expected to create lasting impact on international tourism.

Many European countries with Russian borders have stated that they might ban all tourists from Russia.

Before the pandemic, Russians were the seventh biggest tourist spenders in the world, spending US$36 billion per annum.

Nha Trang in Vietnam, labeled as “Little Russia”, saw a large number of Russian tourists before the Ukraine-Russia conflict. The beach resort witnessed a speedy post-pandemic retrieval due to a comeback of Russian tourists in 2019.

Russian tourists spent an average of US$1,600 for every stay in Vietnam.

Expensive Vietnamese hotels, which were popular with Russian tourists, are now almost vacant or have been sold. The tour guide occupations have also been affected.

However, Nha Trang isn’t the only one. In Phuket, shops and bazaars would generally be full of life with Russian tourists. Now, many hotel companies are unsure about their future after many Russians canceled their holidays. While foreign entrances exemplified 59% of arrivals in Phuket airport prior to the pandemic, the figure declined to 35% in the first half of this year.

Presently, resorts spread around the world, from Sharm el-Sheikh in Egypt to Varadero in Cuba, are all in distress with financial crunches, reduced hotel occupancy levels, creating job losses, bankruptcies and drops in income.

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