Russia Tourism Q4 2018
While investors in Russia no doubt have to contend with some significant structural challenges, the growth potentialoffered by the country's tourism industry is equally substantial. A huge array of attractions, not only in popular cities such as Moscowand St Petersburg but also in lesser known towns and rural areas means Russia can cater to a major cross-section of travellers andawareness of the country is improving due to the success of the recent FIFA 2018 World Cup. Offsetting this growth potential are themajor barriers facing investors including a lack of modern transport infrastructure in some areas, restrictions on foreign developersand bureaucratic hurdles which can prove costly and time consuming.
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