Moscow welcomes tourists

[SilverBullet]

It is soon summer time - and Moscow is calling - what to be aware of:

<a href="http://www.youtube.com/v/sMtsXUNsZH8&rel=1" target="_blank">http://www.youtube.com/v/sMtsXUNsZH8&rel=1</a>

<a href="http://www.youtube.com/v/5MysJy0dsBI&rel=1" target="_blank">http://www.youtube.com/v/5MysJy0dsBI&rel=1</a>

[SteveH]

Thomas Cook eyes Russian market 
June 24th 2008
 
Thomas Cook is still looking to expand
Tour operator Thomas Cook is attempting to tap into Russia's growing wealthy classes to boost its profits.

The company confirmed it was in talks with two Russian partners about a possible tie-up and said a deal could be signed by the end of the year.

The group, which merged with MyTravel last June, said it would target faster-growing markets as conditions deteriorate closer to home.

It also said losses in the six months to April narrowed to £177.5m ($348.9m).

Both Thomas Cook and its rival TUI have said future growth will come from fast-growing markets, such as Russia, where rising incomes have fuelled demand for holidays.

Chief executive Manny Fontenla-Novoa said the company was also on the lookout for acquisitions, as rivals struggled with rising fuel costs and slowing consumer spending.

"There were a lot of people struggling last year when fuel was $80 a barrel. At $100-plus, I think there's going to be some big opportunities out there," he said.

Even with an economic slowdown, analysts said people were reluctant to sacrifice their annual holiday.

In the past, Thomas Cook struggled with unsold holidays on its books, forcing it to cut capacity and reduce the price of package tours.

However, Europe's second-largest travel firm said it had 19% fewer summer holidays left to sell and it had increased average selling prices in the half-year, compared with the same period a year before.

The company added that UK holidaymakers had suffered because of the strength of the euro against the pound.

"Once they've gone on holiday this year and experienced the weakness of the pound at the resort, I think you'll find that the demand for non-euro countries will accelerate," he said.

Shares rose 4.5 pence to 238.75 pence.
 

[P-N]

Great place to go as a tourist although not the cheapest and the winter tour will be a little on the cold side (-38 on occasion) 

[SilverBullet]

Moscow is a must to see and experience. At least not too expensive to travel to from Kyiv if you take the train. If you rent a private apartment you might be able to stay on a budget too and avoiding all the 5 star luxury hotels charging an arm and a leg. 

[Packman]

Russian government interested in tourism?  Laughable?  The Russian state controlled media spouts xenophobia every night for the evening news.  Not to mention the police shack downs of tourists in Red Square, and the potential "very big problem" for foreign tourists on Arbat.

Not that there isn't something to see there, just be ready for high prices, and official hassels when dealing with anything from officialdom.

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