Member states of the Shanghai Cooperation Organization (SCO) should make a list of the UNESCO world cultural heritage "more diverse and fair," Russian Culture Minister Vladimir Medinsky said at the conference of SCO culture ministers on Monday. The Russian minister pointed out that in his opinion,…

Inflation in Russia upon the results of 2015 might be 6.7% given the current rates of the weekly price growth, Russia’s Central Bank President Elvira Nabiullina told reporters on Thursday.

"We alongside others are looking at the annualised inflation that is the inflation expected during…

Russians who bought tour packages at the peak of currency exchange rate, start canceling tours and asking reconsideration of prices. Especially it concerns the early booking tours booked in December and March, at the peak of currency crisis. "This is quite a new trend that we encountered about a week…

As many as 900,000 Russians visited Italy in 2014 to spend one billion US dollars there, Russian President Vladimir Putin said on Thursday after talks with visiting Italian Prime Minister Matteo Renzi.

Putin noted that cross years of tourism had been a success in both countries. He said…

The International Monetary Fund (IMF) expects the fall of Russia's GDP in 2015 to 3.8%, the fund said in a new analytical forecast report on Tuesday.

Earlier, the IMF predicted that Russia's GDP this year will fall by 3%. According to the new forecast of the fund, in 2016 the economic downturn…

Russian President Vladimir Putin was named the winner of US magazine Time 100 readers’ poll for this year’s most influential people.

Russian President Vladimir Putin was named the winner of US magazine Time 100 readers’ poll for this year’s most influential people. The South Korean girl-group…

The executive Director of the Association of Tour Operators (ATOR) of Russia Maya Lomidze reported about that to TASS.

Low-cost airline of Aeroflot, Pobeda Airline, organizes regular flights to Sochi, which reduces cost of tour packages to Sochi. Tour operators also actively work…

The popular online booking service Anywayanyday published a top 10 holiday destinations for Russians for May holidays. The leader is Sochi: the demand for flights to Sochi increased by 80% compared to last year. The second position is taken by Tel Aviv, the third by Mineralnye Vody and fourth by Simferopol.…

In the beginning of April, Tour Operators Association in Outbound Tourism Tourpomosch (click to read more about the Association) reminded tour operators that they according to the law they have to pay the membership fee till April 15, 2015 to extend their membership in the association.

Within…

An average price for summer tour package to foreign destinations for Russians fell down by 15 – 20 per cent. Interfax informed about that as referred to data from tour operators.

Such trend is a result of price drop on some key destinations, cut of expenses for holidays, and dependence of…