Armenia LastMinute Vacation Rental Holiday Condo Timeshare and LastMinute SellOff Vacation Getaway Holiday Hotel Deals from $399 Armenia

Armenia

Armenia prides itself on being the first nation to formally adopt Christianity (early 4th century). Despite periods of autonomy, over the centuries Armenia came under the sway of various empires including the Roman, Byzantine, Arab, Persian, and Ottoman. During World War I in the western portion of Armenia, Ottoman Turkey instituted a policy of forced resettlement coupled with other harsh practices that resulted in an estimated 1 million Armenian deaths. The eastern area of Armenia was ceded by the Ottomans to Russia in 1828; this portion declared its independence in 1918, but was conquered by the Soviet Red Army in 1920. Armenian leaders remain preoccupied by the long conflict with Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution. Turkey closed the common border with Armenia in 1994 because of the Armenian separatists' control of Nagorno-Karabakh and surrounding areas, further hampering Armenian economic growth. However, in 2009 senior Armenian leaders began pursuing rapprochement with Turkey, which could result in the border reopening.

After several years of double-digit economic growth, Armenia is facing a severe economic recession with GDP declining at least 15% in 2009, despite large loans from multilateral institutions. Sharp declines in the construction sector and workers' remittances, particularly from Russia, are the main reasons for the downturn. Under the old Soviet central planning system, Armenia developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics, in exchange for raw materials and energy. Armenia has since switched to small-scale agriculture and away from the large agroindustrial complexes of the Soviet era. Armenia has managed to reduce poverty, slash inflation, stabilize its currency, and privatize most small- and medium-sized enterprises. Since the breakup of the Soviet Union in 1991, Armenia had made progress in implementing some economic reforms, including privatization, price reforms, and prudent fiscal policies, but geographic isolation, a narrow export base, and pervasive monopolies in important business sectors have made Armenia particularly vulnerable to the sharp deterioration in the global economy and the economic downturn in Russia. The conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh contributed to a severe economic decline in the early 1990s and Armenia's borders with Turkey and Azerbaijan remain closed. Armenia is particularly dependent on Russian commercial and governmental support and most key Armenian infrastructure is Russian-owned and/or managed, especially in the energy sector. The electricity distribution system was privatized in 2002 and bought by Russia's RAO-UES in 2005. Construction of a pipeline to deliver natural gas from Iran to Armenia was completed in December 2008 but it is unlikely significant quantities of gas will flow through it until the Yerevan Thermal Power Plant renovation is completed in 2010. Armenia has some mineral deposits (copper, gold, bauxite). Pig iron, unwrought copper, and other nonferrous metals are Armenia's highest valued exports. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Armenia joined the WTO in January 2003. The government made some improvements in tax and customs administration in recent years, but anti-corruption measures have been ineffective and the current economic downturn has led to a sharp drop in tax revenue and forced the government to accept large loan packages from Russia, the IMF, and other international financial institutions. Armenia will need to pursue additional economic reforms in order to regain economic growth and improve economic competitiveness and employment opportunities, especially given its economic isolation from two of its nearest neighbors, Turkey and Azerbaijan.

There are 2 types of cheap last minute discount holiday vacations available at this site.

Cheap vacation condo rentals for the entire week (1) by State or (2) by check in month or (3) by resort name(scroll down further) and
Cheap weekend getaway hotels for short weekend trips for a few days instead of a week.

Our Cheap Last Minute Family Vacation Rental Deals and Beach Vacation Rentals are the Ultimate Vacation Value

These Cheap Sell Off Vacations are priced per unit per week based on size of unit and maximum occupancy. Weekly cleaning costs are included in the price of the vacation rental.
Taxes and any All Inclusive Plan (if applicable) are the only extra charges that you may have to pay related to your vacation accommodations.

• There are NO Weekly cleaning costs or other hidden costs
• There are NO booking, registration or other hidden fees
• There are NO vacation weeks to buy in advance so there are no upfront costs
• There is NO vacation club to join so there are no initial or ongoing membership fees
• There is NO timeshare to buy or upfront investment to make before you can book these vacation deals
• There is NO condo upkeep or annual maintenance fee associated with owning a condo, timeshare or vacation property
• There is NO fee charged for guests, as long as the maximum occupancy is not exceeded
• There is NO restriction on when you can travel as long the unit is available to book
• There is NO presentation to attend in order to get a great vacation deal
• There are NO high pressure sales people trying to sell you anything
• We are NOT affiliated with any organization whose purpose is to solicit sales of timeshare interests

NOTE: Prices do NOT include local taxes or the cost of an All Inclusive Plan (if applicable). If you are reserving a property or location that is required to pay tax or has a mandatory All Inclusive plan, then you will be required to pay these directly to the resort upon check-in. These are the only extra charges that you may have to pay.

Condos versus Hotels

Would you rather stay in a confined hotel room with no kitchen facilities or extras when you can get so much more for your money and stay in a spacious 1 or 2 bedroom resort condo with suite-style amenities and a partial or full kitchen?

A partial or full kitchen allows you to stay in for some meals when it is not convenient for you to go out. Breakfast is a perfect example. In a hotel your only option is room service at exorbitant prices. With a spacious resort condo you can have breakfast in bed every day.

The regular price (up to $3,000/week) for all Last Minute Vacations is discounted 6 to 8 weeks in advance to as low as $399 to $549 per week. The prices shown for these Sell Off Vacations are for the room for a week and not per person. Normal cleaning charges upon departure are included in all last minute vacations. NOTE: Prices do NOT include local taxes or all-inclusive fees for food etc. as these are paid directly to the resort. This is the only additionnal charge for our Last Minute Vacations.

Vacation Rental fee does not include taxes or a mandatory or optional all-inclusive fee for meals, drinks etc. Where the resort charges an all-inclusive fee, this fee is extra (from $50 and up per person per day) and is required to be paid directly to the resort at check-in. Fees, terms and conditions of packages covered by an all-inclusive fee are determined solely by the resort, and are subject to change at their discretion.

Last Minute Vacations do not include taxes or any fee for meals, drinks, activities etc. Prices shown for these Cheap Last Minute Vacations are for accommodations for a week and not per person. Normal cleaning charges upon departure are included in these Last Minute Sell Off Vacations. The only additional charge would be tax if the property is required to collect tax or located outside the USA.