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.