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Sunday, May 10, 2015

The Enlightened Traveler: Bargains Abound As Russia's Economy Falters

Your dream vacation to Moscow awaits. Or at least it's a lot more affordable now.

The U.S. dollar, Euro, and British pound buy as much as 50% more in Russia than they did a year ago. The New York Post reports that rooms at the Four Season St. Petersburg are as low as a bargain $185 per night.

www.theobservationsofaluxurist.com
St. Basil's Cathedral, Moscow


Similarly cheaper rates can also be found on flights from the U.S. and Europe on Aeroflot, the national airline. Note that it may be harder to book desirable dates and times because Delta, Lufthansa, Etihad and other major carriers are reducing or eliminating flights to Russia due to declining demand.

www.theobservationsofaluxurist.com
Catherine Palace, St. Petersburg


Foreign tourists and business people are staying away, and locals don't have the money to travel abroad. The reason for Russia's economic woes? Plunging oil prices and international sanctions are taking a heavy toll.

Also read St. Peterburg's New Faberge Museum

Now is the time to see Red Square, the Pushkin Museum, Moscow Zoo, attend a performance at the Bolshoi,  or stroll through the city's pristine historic quarters. And there's the Hermitage Museum, Mariinsky Theatre, and the multiple cultural delights of Russia's second city, St. Petersburg.

Red ink means golden opportunities for savvy travelers.

Click here for tips on other top destinations that recently have become affordable.