LONDON— Russia's outbound tourism continues to show a stronger performance than inbound with the hope the Winter Olympics in Sochi and the FIFA World Cup in 2018 will raise the country's profile to boost visitor arrivals, according to a report by Marketwired.
The dominating source markets for inbound arrivals remain the country's neighbors and the CIS states, which have close historical ties.
Ukraine represents the primary inbound market for Russia, with 6,600 arrivals from Ukraine in 2013. However, the political situation in Ukraine has the potential to slow future tourism performance as tensions rise with arrivals expected to fall by more than 15 percent over 2014.
Russia's domestic tourism is growing and is expected to show strong compound annual growth rate of more than 10 percent for many regions during 2013 to 2018.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
