Just as it was beginning to recover, the tourism industry is hit by a new shock, with sales decreasing by up to 25%.<\/p>\n
\u201eThe market reacted instantly to the outbreak of the war. There was a reduction in sales of approximately 20-25%. This is also visible in market data. Google searches related to travel have decreased by 30%. And it is normal for this to happen, because the emotional impact is high. I think we will see a decrease until the moment the conflict ends. We had just started to see a recovery in travel demand, but this event is setting us back again, this time all of us,\u201d stated Daniel Truica, CEO of Vola.ro.<\/p>\n
Until the outbreak of the conflict in Ukraine, Truica estimated a level similar to 2019 for this year in terms of travel demand.<\/p>\n
\u201eAt this moment, I think it is quite difficult to make predictions. We expect demand to resume once the armed conflict ceases. Things were clearly moving in the right direction. Everyone anticipated a very good 2022 for the travel and hospitality industry. I still believe this is possible. We are continuing with the scenario we planned,\u201d specified the CEO of the travel agency Vola.ro.<\/p>\n
Additionally, an increase in airfare prices will follow, amid rising costs for fuel, energy, and gas.<\/p>\n
How much have travel sales decreased due to the conflict?<\/strong><\/p>\n According to Vola.ro, travel sales have dropped by approximately 20-25% since the start of the conflict.<\/p>\n What is the impact on travel-related online searches?<\/strong><\/p>\n Google searches related to travel have seen a significant decline of 30% following the outbreak of the war.<\/p>\n Will flight ticket prices be affected?<\/strong><\/p>\n Yes, airfare prices are expected to rise due to the increasing costs of fuel, energy, and gas.<\/p>\n","protected":false},"excerpt":{"rendered":" Just as it was beginning to recover, the tourism industry is hit by a new shock, with sales decreasing by up to 25%. \u201eThe market reacted instantly to the outbreak of the war. There was a reduction in sales of approximately 20-25%. This is also visible in market data. Google searches related to travel have…<\/p>\n","protected":false},"author":0,"featured_media":88365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[3581,565],"thb-sponsors":[],"class_list":["post-117109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-tourism","tag-vola-ro"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=117109"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/88365"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=117109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=117109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=117109"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=117109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}