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Russia Tourism Sector Report 2021-2022

An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company
Date: February 2021
Pages: 68
Available in: English

Estimated at USD 84bn in 2019, Russia’s tourism and leisure sector ranks among the 20 largest globally. However, its total contribution to GDP is 5%, which is far below the global average that year of 10.3%. The sector still has a negative balance in terms of tourist arrivals: 24.4mn arrivals versus 45.3mn outbound trips, even though the 2018 FIFA World Cup was expected to improve Russia’s international profile. The grand event affected key indicator dynamics significantly – after a surge in 2018 most of them moderated in 2019 or even declined. The sector’s real GDP growth came at 0.6% y/y, while the value of accommodation services decreased by 3.3% y/y to RUB 247.3bn. The travel agency and related services subsector, on the other hand, recorded a 4.5% y/y growth, solely on the back of strong growth of services sold to Russian citizens.

 

This report provides a complete and detailed analysis of the tourism sector for Russia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

  • Understand the key elements at play in the tourism sector in Russia
  • Access forecasts for growth in the sector
  • View passenger traffic for the sector in Russia
  • Crystallise the forces both driving and restraining this sector in Russia
  • Ascertain Russia’s position in the global sector
  • Build a complete perspective on sector dynamics, investment and employment
  • Assess market share by type of tourism (e.g. business, leisure, inbound, outbound)
  • Understand the competitive landscape and who the major players are
  • View M&A activity and major deals
  • Gain an understanding of the regulatory environment for the sector in Russia
  • Build a clear picture of trends and issues for tourism infrastructure and accommodation.

 

See below for a complete table of report contents:

Russia Tourism Sector Report 2021-2022 - Page 1
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SEE BELOW FOR A COMPLETE TABLE OF REPORT CONTENTS:

Russia Tourism Sector Report 2021-2022 -  Page 3
Russia Tourism Sector Report 2021-2022 -  Page 4
Russia Tourism Sector Report 2021-2022 -  Page 19
Russia Tourism Sector Report 2021-2022 -  Page 22
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