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Tourism and leisure
Tourism & Leisure is one of the largest and fastest-growing sectors, with an important social, economic and cultural role worldwide. Serving an increasing number of destinations and international tourists, it is a major driver for socio-economic progress through the creation of employment, foreign exchange generation and infrastructure development. It also has a wide-ranging impact on a number of related sectors – from construction to transportation and telecommunications.
Activities associated with Tourism & Leisure are travel arrangement and reservation services, and a variety of arts, entertainment and recreational services provided by companies and individuals, museums, historical sites, 🍸amusement and theme parks, and gambling companies. It also includes accommodation, food-service and drinking establishments.
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 globไal average that year of 10.3%. The sector still has ...
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Russia’s vast territory, wide range of tourist attractions and proximity to European and Asian markets offer stron🐎g growth potential for the country’s tourism♉ sector. However, high entry barriers, underdeveloped transport infrastructure ...
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Despite the country’s vast territory, favourable geographic position and wide range of potential tourist attractions, Russia’s tourism and leisure sector remains underdeveloped. The di𝓡rect&nbsꩵp;contribution of travel and tourism to ...
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