| Russia lost 100m

RUSSIA lost as much as 100 million in cruise revenue last year, according to analysis from British luxury cruise retailer Panache Cruises.

Tourists are instead heading to alternative ports in Eastern Europe, including Estonia and Lativa.

Prior to the pandemic around 650,000 cruise ship tourists visited Tallinn each year, with a similar number also stopping at Riga.

Experts estimated that they were spending around 50 million in each country, which has now doubled over the past 12 months.

Both ports are thought to have received about 1.3 million cruise vistors in 2022.