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Tour operators of Armenia boycott one of Yerevan's top hotels

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  • Tour operators of Armenia boycott one of Yerevan's top hotels

    TOUR OPERATORS OF ARMENIA BOYCOTT ONE OF YEREVAN TOP HOTELS

    PanArmenian News Network
    Aug 2 2005

    02.08.2005 05:00

    /PanARMENIAN.Net/ Members of the Union of Tour Operators of Armenia
    decided to break off contracts with Europe Hotel till receiving
    admissible offers from the owners. The decision was taken at the
    sitting of the Union in response to the incorrect policy of the hotel
    management and specifically to the fact that the exchange rate in the
    hotel made 500 AMD against $1, what does not correspond to the rate
    established by the Central Bank of Armenia. Actually it means rise in
    prices with about 15-20%, what is groundless and inadmissible. During
    the meeting with the hotel management the tour operators tried to
    explain that the current situation is inadmissible for the business.
    They brought the examples of hotels, which succeeded in finding
    a way-out of the situation with minimal losses for both parties.
    However the hotel management failed to take into account the opinion
    of the tour operators. Thus, the Union of Tour Operators of Armenia
    arrived at the decision to break off cooperation with Europe Hotel.
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