Moscow could enter Europe’s top 10 most attractive tourism destinations by 2025

A research by world consulting firm BCG says that Moscow has the potential to spice up its vacationer inflow to some 32 million folks a yr by 2025, coming into Europe’s top 10. But so as to take action, it has to take a sequence of steps.

The agency has drafted a situation with an eight-point plan that it says would assist understand town’s tourism potential to the max.

The Russian capital has a very good headstart. The development within the variety of vacationers visiting Moscow after the World Cup (from September to December 2018) was up 117 p.c from the identical interval a yr earlier. Half of the guests stated that they have been able to suggest Moscow to different vacationers. Before the World Cup (from January to May) the expansion of the vacationer inflow was lower than 13 p.c.

“The successful hosting of the World Cup tournament in summer 2018 showed that Moscow can already offer world-class tourism services, and its infrastructure could accept much more intensive tourist flows than before,” the authors of the analysis stated.

The analysis prompt that the contribution of tourism to Russia’s GDP could develop 1.four occasions by 2025, with a six to eight proportion increase to the financial system of Moscow. It famous that town’s income can also double to 1.5 trillion rubles ($23 billion).

This might be attainable if the metropolis undertakes advanced measures which might be vital for attracting vacationers and bettering their buyer expertise, akin to selling the metropolis in goal markets, growing accessibility for vacationers, and bettering the standard of service.

Tourism is the business that determines the nation’s picture. Today, it isn’t sufficient to be solely an economically profitable state or megalopolis, you additionally must be an attractive fashionable middle for abilities, buyers, and vacationers, whereas remaining a cushty place to stay in…” stated BCG skilled accomplice Konstantin Polunin.

Global tourism’s contribution to the world financial system was greater than ten p.c of GDP final yr and accounted for about 30 p.c of exports, in response to BCG.