Vol. 51 No. 5 (2021)
Тема номера: Коронакризис: скрытые возможности

A Crisis or New Reality: the Impact of COVID-19 Pandemic on the Russian Tourism Sector

A. Yakovlev
Institute for Industrial and Market Studies, HSE University
O. Balaeva
Institute for Industrial and Market Studies, HSE University
M. Predvoditeleva
Graduate School os Business, HSE University
S. Misihina
Centre of Development Institute, HSE University
N. Ershova
Institute for Industrial and Market Studies, HSE University, Moscow

Published 2021-05-05

Keywords

  • Russian tourism sector,
  • COVID-19 pandemic,
  • economic crisis,
  • anti-crisis policy,
  • domestic tourism,
  • regional development
  • ...More
    Less

How to Cite

1.
Yakovlev А, Balaeva О, Predvoditeleva М, Misihina С, Ershova Н. A Crisis or New Reality: the Impact of COVID-19 Pandemic on the Russian Tourism Sector. ECO [Internet]. 2021 May 5 [cited 2024 Aug. 25];51(5):53-76. Available from: https://ecotrends.ru/index.php/eco/article/view/4247

Abstract

This paper evaluates the impact of the crisis caused by the COVID-19 pandemic and measures of the state anti-crisis policy on the Russian tourism sector, as well as opportunities and directions of its development. The study is based on the results of a series of semi-structured interviews with owners of firms and heads of key business associations in this sector. The analysis showed that, on the one hand, the crisis has exacerbated the problems that have long been brewing in the Russian tourism sector. On the other hand, the shift in demand to domestic market due to restrictions on international travel provides a real opportunity for the development of the domestic tourism segment. Should the federal and regional authorities, in cooperation with the tourism business, use this window of opportunity, it could help provide the necessary incentives for the inflow of investments into the Russian tourism sector and contribute to the socio-economic developmentof the regions.

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