In news from My Planet Travel Awards, people in the Russian Federation have just a couple of day remaining before voting starts on what amounts to that nation’s most massive awareness campaign that will certainly jump start Russia’s hospitality initiatives. Over 100 International and Russian companies are participating in this year’s awards, according to the news. Outbound Russian travelers have their say on hotels around the world.
Russian Federation travel
Russian Bulgaria Sinking Reveals Systemic Problem
The sinking of a Russian Federation tourist boat in the Volga is the second transportation catastrophe there in as many days. The death of at least 24, with more than 100 still missing, prompted President Medvedev to begin a wide scale safety blitz.
TUI Travel Gains Confidence and Russian Investment
Russian billionaire steel tycoon Alexei Mordashov has increased his stake in German tourism group TUI. Mordashov raised his stake to above 20 percent from just above 15%. The transaction was made via his S-Group holding company. In TUI’s latest corporate documents, it is clear the company intends massive expansion into the Russian Federation.