Russia's Tourism Sector To Be Driven By Leisure Oriented Real Estate Development

Published by: Globalysis Ltd.

Published: Aug. 7, 2008 - 7 Pages

Table of Contents

A. RUSSIA’S TRAVEL & LEISURE SECTOR FORECAST FOR 2008

B. THE MACROECONOMIC ENVIRONMENT OF RUSSIA

C. RUSSIA’S HOTEL LODGING INDUSTRY

D. CASINO GAMING IN RUSSIA

E. RUSSIA’S AIRLINE INDUSTRY

F. INTERDEPENDENT CASINO, HOTEL AND AIRLINE INDUSTRIES

G. MACRO RISK FACTORS

Abstract

A current analysis on the outlook for Russia's tourism sector, with particular focus in the casino gaming, hotel lodging, airline and real estate industries.

Russia’s travel & leisure sector has experienced substantial growth over the past year as international tourism to Russia still remains largely focused on Moscow and St. Petersburg. This has led to significant growth in hotel Revenue per Available Room (RevPAR) in Moscow. Globalysis believes that Russia’s travel and leisure sector has a huge potential for growth and could experience significant tourism development in the next five years. Russia currently holds great prospects in its casino gaming, hotel lodging and airline industries, which will contribute to significant growth in its travel & leisure sector.

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