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Armenian ministry of economy expects 5-10% growth in tourism sector

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  • Armenian ministry of economy expects 5-10% growth in tourism sector

    Armenian ministry of economy expects 5-10% growth in tourism sector

    YEREVAN, August 21, /ARKA/. A deputy Armenian minister of economy Ara
    Petrosian said at a news conference today that according to some
    forecasts, the tourism industry is expected to post a 5-10% full-year
    growth.

    `In the first six months of the year 207,720 foreign tourists visited
    Armenia, almost as many as in the first six months of 2008.
    Nevertheless, we have reasons to expect at least a %5 growth by the end
    of the year,' he said.

    He said although the vast majority of all foreign tourists visiting
    Armenia are ethnic Armenians, the share of non-Armenians is on the
    rise. According to official figures, some 588,000 foreign tourists
    visited Armenia in 2008, by 9.4% up from 2007 ( 510,000). The number of
    foreign tourists visiting Armenia has been rising 20-25% a year since
    2001. M.M. -0-
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