Travel and Tourism - Estonia - August 2011
US $216.06 (Excl.Tax)Excl. Tax Buy Now
The recession has also taken its toll on domestic travel. Estonia’s economy was particularly hard hit by the downturn and the country currently suffers from a high unemployment rate (15.5% according to Statistics Estonia). Being unemployed plays havoc with disposable income and Estonians have consequently been adopting more modest spending habits. Short getaways, rather than traditional one-week (or two-week) holidays have become
the norm among domestic travellers. At the same time, however, a greater number of Estonians are staying in hotels (and similar accommodations) rather than with their family and friends. By 2010, domestic tourism was showing signs of recovery, with overnight stays totalling 1.5 million – 8% more than in 2009.
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