Baltic: Number of foreign hotel guests still below pre-pandemic level

The number of nights spent by foreign visitors in the three Baltic capitals was highest in Tallinn in the first half of 2024, according to data from the Latvian Hotel and Restaurant Association (LVRA), BNS reports. Foreigners spent 1.075 million nights at accommodation establishments in Tallinn, followed by Riga with 851,000 and Vilnius with 699,000….

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Baltic: Estonia, Lithuania global leaders in wooden house exports

Estonia was the world’s largest exporter of prefabricated wooden houses in 2023, ELTA reports, citing Lithuanian business news portal Verslo Zinios. Estonia had a global market share of 21.5%, followed by Lithuania with 9.3% and Poland with 8%. Estonia’s exports of wooden buildings totalled EUR 390mn in 2023. Lithuania came in second with EUR 164mn, which…

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