Prime Minister Medvedev instructs Russian government to triple tourism revenue
Tuesday, September 24, 2019 2:00:21 PM
The Russian government approved the strategy of tourism development in Russia until 2035. The document is published on the Russian Government’s website. According to the document signed by Russian Prime Minister Dmitry Medvedev, the gross added value of the tourism should reach 8.764 billion rubles ($137,59 million) by 2035.
In 2017, this figure was equal to 3,158 billion rubles ($49,58 million). The strategy implies than under a baseline scenario, the number of tourists accommodated in hotels, hostels, sanatoriums, and other places should grow from 62 million to 88 million people per year. The number of companies in the hotel and catering industries should also increase from 78 thousand to 109 thousand.
According to the most optimistic scenario, the gross value added can reach to 16.3 billion rubles ($255,91 million). The development of tourism must be accelerated by increasing the demand for travel in Russia for its citizens and foreigners. The document states that the export of tourism services should grow from $8.9 billion in 2017 to $28.6 billion in 2035. In this scenario, hotel occupancy should increase from 32% to 50%.
In the strategy prepared by the Russian Ministry of Economic Development, the number of domestic tourist trips per resident should increase more than twice to reach the goal by 2035. In early July, RBC news agency wrote that the Russian Prime Minister plans to discuss tourism development strategy with members of the government. He wants Russia to enter the top 10 World Tourism Organization tourist destinations.
(C) UA Wire 2019