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Global crunch to affect tourism - minister

4 February 2009 05:23 (UTC+04:00)
Global crunch to affect tourism - minister
The global financial crisis has singificantly harmed the global tourism industry and is expected to reduce the number of tourists coming to Azerbaijan, according to Abulfas Garayev, Minister of Culture and Tourism.
"Although the crisis has not yet greatly affected Azerbaijan`s tourism sector, if the problem persists, it could manifest itself by the end of the year," he told reporters.
Garayev said the crisis has adversely affected the financial status of people abroad, prompting them to reduce money they spend on travel.
"Whereas the number of tourists coming to Azerbaijan grew 17% in 2008, the figure will not exceed 12% this year," the minister added.

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