The Republic of Georgia is a hot spot for International direct investment in Eastern Europe. Despite an economic contraction after the spat with Russia in 2008, the country is on course for substantial growth this year. President Mikheil Saakashvili is approaching investors in the Middle East this week about accelerating the country’s recovery.
Eastern Europe
Welcome to Russia Joins Forces With ASTA
Welcome to Russia joins the elite list of travel companies belonging to the ASTA. According to this latest news, Russia’s leading conduit for travel support joins the world’s largest travel agent association. Russia is set to engage travel and tourism on an unprecedented level.
Easy Does It, Easy Voyage Gains Traction
Jean-Pierre Nadir is CEO of one of Europe’s fastest growing online travel startups. With billions at stake in online travel revenues, Nadir is rapidly closing ground between his closest competitors TripAdvisor and Zoover. With acquisitions in the air, can Nadir overtake those beleaguered giants with a few swift buyouts?
Azerbaijan’s Boom Economy, Tourism Next
Azerbaijan’s booming industry has spurred growth in ever sector of that country’s economy. With massive infrastructure projects ongoing, and progressive expansion across the board, tourism seems the next logical boom market for Azerbaijan.
Kiev Looking Good for Euro 2012 Extravaganza
Kiev prepares for the world and the Euro 2012 event. The Ukraine is one of the fastest growing and most progressive economies in the world. Despite early hurdles in getting 2012 off to a start, now International investment and Ukrainian business has spurred the needed emphasis and capital generation. Hotels to expanded transportation capability, the Ukraine appears ready to host the world – and its rightful place amongst world cities.