Hotels located at the Russian resorts in summer turned out to be more expensive than foreign ones.
The cost of hotels at the Russian resorts has proved to be much higher than abroad this summer.
The majority of Russian tourists (64%) choose holidays abroad this summer, 36% chose domestic journeys. The prices for hotel accommodation in Russia increased by an average of 28% this summer, ascompared to the same period of last year, whereas it grew only by 9% abroad.
The reason that influenced the rise in process for Russian hotels was the change in the VAT rate from January 1, 2019. The prices for accommodation in foreign hotels have increased due to exchange rate fluctuations.
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Author: Anna Dorozhkina