Russian business travel decreased by 80%

The revenues of the Russian business travel industry decreased by 80% compared to 2019, because of the pandemic, according to Head of the Department of State Tourism Projects and Tourism Safety of the Federal Agency for Tourism Elena Lysenkova.

"Before the end of this year and, according to our expectations, in the first half of next year, event activity throughout the country will not be restored. The business travel and travel sector has not recovered, which led to a significant drop in the income of these enterprises, and still the largest cities of the country and hotel and tourism enterprises are experiencing a drop in revenues to 80% from the indicators of 2019," Lysenkova said. "The situation is better in the hotels of the resort segment, where there was an increased demand, but even here it is impossible to talk about a complete recovery”, she added.