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McKinsey & Co. unveils findings of research on Armenian Tourism

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  • McKinsey & Co. unveils findings of research on Armenian Tourism

    MCKINSEY & CO UNVEILS FINDINGS OF A RESEARCH ON ARMENIAN TOURISM

    ArmenPress
    Nov 10 2004

    YEREVAN, NOVEMBER 10, ARMENPRESS: Funded by 2020 Project, McKinsey and
    Co consulting agency is developing a project on prospects of tourism
    development in Armenia. The agency is supported by the Armenian
    ministry of economy and trade and AEPLAC.

    Yesterday the head of McKinsey, Andreas Mershner, Moscow office
    manager Avetik Chalabian and an adviser Nikolai Shikhvtsov unveiled
    their findings in Armenia Mariot hotel. The presentation was attended
    by representatives of respective agencies, travel agencies, public
    and donor organizations.

    According to Shikhovtsov, the rise in the number of tourists from
    41,000 in 1999 to 206,000 in 2003 is very impressive. Some 30% of
    increased tourist flow was connected with celebrations of Christianity
    as a state religion in Armenia. However, this indicator is by three
    times lower that Armenian used to have during the Soviet Union. In
    the words of the adviser, a concerning fact is that only 15% of the
    visitors are "true tourists."

    According to McKinsey research findings, only Yerevan is in the
    position to provide proper facilities to international travelers.
    Other regions of Armenia lack such. According to A. Chalabian, the
    size of investment in tourism industry is not small but it should be
    coordinated. Otherwise, they may yield short-term results.
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