Estonia, Tourism
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 13:18
Novatours in Estonia lost nearly a half of its turnover in 9 months
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CEO of Novatours Raimondas Usheckas stated that the charter tourism market has started showing signs of recovery, but the pre-crisis level will not be restored at least during the next two years.
“In the beginning of this year, we set ourselves more modest objectives than usually and can now state that we did better than we expected,” he said. Usheckas added that this season, the enterprise has sold out nearly all planned flights and added two extra flights to Turkey for the end of October that were sold in record short time – in two weeks.
CEO of Novatours Estonia noted that the economic depression in the Baltic region not only affected the economic indicators, but also the relations between travel agencies and customers. “Customers have started valuing more highly the stability of service providers, their reliability and experience and travel agencies have become more flexible and more attentive towards the needs and preferences in different target groups,” he explained.
Novatours Estonia was founded in 2004.
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