Estonian’s AS Tallink Grupp has just released their Q1 profit and loss figures for 2013. According to their release the passenger shipping line lost some €17.7 million euro, down €1.3 million in red ink from last year’s figures at the same time.

According to numbers from Statistics Estonia. some 303,000 foreign tourists booked stays in the country, a 5% increase over the previous year’s numbers. With neighboring country tourists and business people visiting most frequently, Estonia’s February and March figures from Finland were the most striking with 20% more visits when compared to last year at the same time.

Coming to Tallinn in August, the Birgitta Festival 2013 is a combination of modern musical theater and dark and foreboding medieval customs. Scheduled to begin August 9th through 18th at St. Bridget’s Convent in Tallinn, this year’s festival presents a program of rich musical entertainment from Faust to Sleeping Beauty.

Coming to Estonia this month Jazzkaar 2013 is one jazz fest fans won’t want to miss. Just in time for Spring being sprung, travelers to Tallinn get a chance to experience the 24th such event taking place in between April 18th and 28th. Venues around the city including the unique Marina Pavilion at the Port of Tallinn grounds, offer the best the Baltics can offer in the genre.

Coming up in April, Tallinn Music Week will be one of this year’s biggest Baltic music blowouts. Some 200 artists from Europe and Estonia are slated to perform at the much anticipated indoor music fest running from April 4th through April 6th.

Estonia’s capital city Tallinn is older than most people realize, and just like all old cities, it has more than its fair share of secrets. Alongside the distinctly medieval flavor of downtown Tallinn’s streets, stories of ghosts, hidden tunnels and buried treasures add to its air of mystery.

This past weekend the world’s second biggest fishing event took place in Estonia. Lake Viljandi was the scene for this year’s Kuldkala, or Estonian Gold Fish Festival where thousands angle for some of the world’s most valuable fishes. This year’s prize fish was worth a whopping 50,000 euro ($67,000).

The 22nd annual Tallinn tourism fest, TOUREST 2013, opens on Sunday at the Estonian Fairs Center. Scheduled to run from the today thru Sunday, the fair showcases local and regional tourism, as well as new modes of travel.

News from Estonia tells of Hotel Noorus coming there as early as Spring of next year. Estonian engineering and development firm AS Merko Ehitus Eesti, has set the cost of the spa center at Narva-Jõesuu at just shy of €13 million euro.

Estonia is mulling the idea of transforming dozens of Soviet-era military sites into tourist attractions, after deciding to preserve a number of them for their historical legacy, RIA Novosti reports.