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August 11
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YEREVAN. – Zhoghovurd daily writes: Armenia’s travel agencies are on the verge of closing down. The reason is the coronavirus that has stormed the world and the state of emergency declared [in the country] because of it.

For example, Vardan Travel travel company director Vardan Sargsyan told ArmLur.am that they have been working from home for three months. "Since I know the market, I have to say that a lot of travel agencies [in Armenia] have closed down because people can't pay the lease and they hand over the premises. As a result, many people remain without jobs. The situation at the moment has a negative impact on the tourism sector."

It should also be noted that tour companies are suffering a lot during these months. According to the director of Vardan Travel, they, too, have financial losses. "If we add up the profits we should have had, the losses are huge. After all, from May to the end of August is the busiest time for travel agencies; everyone goes on vacation.

At the moment, in addition to the fact that we have no profit, we are also making expenses. For example, I pay every month for the lease of the space (...). Losses are every day,” our interlocutor said with great regret.

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