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Sochi's Expensive Hotels Have Fallen Prices because of the War in the Middle East.

Summary by RTVI
Sochi reduced prices against the background of Arab tourists, said Alexander Mkrtchian KP-Cuban, Vice-President of the Alliance of Travel Agencies, and said that, owing to the conflict in the Middle East, the flow of wealthy visitors from the Gulf countries, who had traditionally settled in expensive hotels of ski clusters, had almost disappeared.
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Sochi reduced prices against the background of Arab tourists, said Alexander Mkrtchian KP-Cuban, Vice-President of the Alliance of Travel Agencies, and said that, owing to the conflict in the Middle East, the flow of wealthy visitors from the Gulf countries, who had traditionally settled in expensive hotels of ski clusters, had almost disappeared.

·Moscow, Russian Federation (the)
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RTVI broke the news in Moscow, Russian Federation (the) on Monday, March 23, 2026.
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