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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 v♍ariety 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 establ🐬ishments.
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 ...
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Russia’s vast territory, wide range of tourist attractions and proximity to European and Asian markets offer strong growth potential for the country’s touri෴sm sector. However, high entry barriers, underdeveloped transport infrastructure ...
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Despite the country’s vast territory꧑, favourable geographic position and wide range of potential tourist attractioꦅns, Russia’s tourism and leisure sector remains underdeveloped. The direct contribution of travel and tourism to ...
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