While Russia invades Ukraine, the travel industry watches and waits - Travel Weekly
Russia's invasion of Ukraine has roiled international markets and added uncertainty to Europe's travel outlook, just as the EU began relaxing Covid protocols with high hopes for a return to normalcy this summer. While suppliers said the conflict has so far not caused any significant impact on bookings, they are prepared to alter their Eastern Europe and Russia itineraries. Norwegian Cruise Line Holdings CFO Mark Kempa said during the company's Feb. 24 earnings call that while NCLH has so far not seen any cancellations, the line was preparing for various outcomes. "We are looking at alternative ports as we speak," he said. "Worst case scenario, if we're not able to call on St. Petersburg or the surrounding areas, there's plenty of other ports in that Scandinavian region that we have the ability to call on. Not a huge impact, obviously a bit disappointing because that is a premier port. But there are viable, very attractive...