People, Travel
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Russians Spend Less Abroad

Russians Spend Less AbroadRussians Spend Less Abroad

Travelers from Russia curbed their spending abroad by 30% in 2015 compared to the previous year, while domestic tourism went up by 20%, RT reported. Russians spent $35 billion on accommodation, food, entertainment, shopping and service last year, making them the sixth highest spenders. In 2014 they spent 50.3 billion. The flow of tourists from Russia shrank 31.1 % last year with 12.1 million departures, according to the Russian statistics bureau Rosstat. The decline in the number of tourists from Russia is explained by the weakening of the domestic currency as well as the ban on flights to the most popular destinations – Turkey and Egypt. Meanwhile, domestic tourism in Russia grew by 20% in 2015 with inbound tourism up by 5.3%.

 

Financialtribune.com