At the year end of 2018, the amount of tourists’ expenditures in the Russian capital reached almost 865 billion roubles. The contribution of tourism to the budgetary system has almost quadrupled since 2010, from 31 billion roubles in 2018 to 118 billion roubles in 2019.
In recent years Moscow has created a powerful hotel industry, including about 1.7 thousand hotels and similar tourist accommodation facilities. More than 12 million tourists have been staying at Moscow hotels in 2018; tax revenues to the Moscow budget from the hotel network approached 5 billion roubles in 2018. 23.5 million tourists visited Moscow in 2018; 5.5 million of them were foreigners. The increase in the number of tourists in Moscow made up 84%, as compared to 2010.
Accommodation in a Moscow hotel costs a tourist an average of 5 thousand roubles a day. This is 8 times cheaper than in Monaco, and more than twice cheaper than in Amsterdam, Paris and London.
Author: Anna Dorozhkina