Posts tagged as tourism industry

Domestic tourists keeping Estonian tourism industry in business

Wednesday, April 7, 2021

In February, Estonian accommodation establishments served nearly 100,000 tourists who spent 187,000 nights in total, data from Statistics Estonia shows. The number of visitors dropped by 57 percent compared to February 2020. Analyst at Statistics Estonia Helga Laurmaa said most of the accommodated guests were domestic tourists and only 13 percent were foreign tourists. “Year on year, the number of foreign tourists fell by 90 percent and the number of…

Latvian Economics Ministry suggests extra support for tourism industry

Tuesday, October 27, 2020

The Ministry of Economics (EM) has prepared a plan with additional support measures for the tourism sector affected by the COVID-19 crisis, said the EM State Secretary Edmunds Valantis on Latvian Television October 26. Valantis said that the impact of the COVID-19 crisis on the economy in the autumn was greater than that experienced at the beginning of the COVID-19 pandemic in the spring. Therefore, EM has prepared a plan with additional…

Estonian government still debating support for tourism industry

Friday, September 18, 2020

Measures to support the tourism industry have not yet been agreed by the government, Minister of Social Affairs Tanel Kiik (Center) told ERR. The issue was discussed by the government on Thursday night but no agreement was reached. Ideas previously floated to alleviate the industry’s woes include a voucher system or extending the wage subsidy policy. Kiik said a choice must be made in the near future as to which…

Lithuania’s tourism industry to be given €45m lifeline

Thursday, May 21, 2020

Lithuania’s tourism industry will receive 45 million in state support, the government decided on Wednesday. Two-thirds of the sum will be “measures to maintain business liquidity”, while the rest will go towards economic stimulus, Finance Minister Vilius Šapoka told the cabinet. The funds are part of the government’s updated Economic Stimulus and Coronavirus Mitigation Action Plan that was released in early May. Measures to shore up liquidity of tourism companies,…