While the whole world looks at the unfolding of the Ukraine crisis and is trying to deal with high inflation and even higher energy prices, the tourism industry is preparing for the winter season. After a good summer, and a promising autumn season, the prospects for next year do not look so bright. High energy prices and the looming recession might force some tourists to cancel their travel and vacation plans.
Macro commentary by eToro analyst for Romania, Bogdan Maioreanu
Bookings for…