The economic crisis in the hotel business

The economic crisis affects all areas of society and all areas of business. Many have already experienced economic difficulties, and some have already got used to the new reality. The hotel business, as an integral part of the economy, was no exception.

There is optimistic statistics suggesting that in Russia every year there are 10% more domestic tourists. Citizens travel more within the country. According to other data, due to the reduction of tourist traffic abroad by 40%, domestic tourism grew by 30%. Continue reading →