How will the tourism market in Russia change in 2020
Outbound tourism will generally show relatively light growth in 2020. The most noticeable increase will be in classical mass tourism segment, which includes mainly family holidays and holidays on an all-inclusive format, experts say
“The main factor determining the state of the tourism industry today is macroeconomics (including the dynamics of GDP and real incomes of the population). Revenue stagnation was expected to lead to stagnation in the industry. The total flow of tourists is growing slightly, mostly it is simply redistributed to the currently cheaper resorts and countries,” says Sergey Romashkin, director general of the tour operator Dolphin.
“In 2020 there will be a redistribution of demand (that has begun this year) and the range of tour operators - in favor of more budget package tours. Accordingly, mass tourist destinations with charters connection will be more attractive than other ones by a price,” reported Maya Lomidze, ATOR Executive Director.
“In 2020, the demand in the luxury segment will remain unchanged. The demand in the budget segment, as I have already said, is growing a little, and the middle price segment will continue to decrease noticeably,” explains Ms. Lomidze.
The ATOR Executive Director notes that in this trend, apart from minuses, there are a lot of pluses and chances for the organized tourism industry: “Such a situation may provoke some independent tourists to apply to tour operators, because currently instead of more expensive Europe they mainly are able to afford Turkey or inexpensive Greece or Cyprus.”