Travel & Tourism in Russia
Summary
Travel & Tourism in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Russian travel & tourism industry recorded revenues of $79.7 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.7% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $25.8 billion, equivalent to 32.4% of the industry's overall value.
- In 2023, the industry experienced a significant value increase, recovering from recent declines, primarily driven by increasing capital investment, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Russia reached $10.8 billion in 2023, reflecting a 6.9% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in Russia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Russia
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Russia travel & tourism market with five year forecasts by both value and volume
- What was the size of the Russia travel & tourism market by value in 2023?
- What will be the size of the Russia travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Russia travel & tourism market?
- How has the market performed over the last five years?
- How large is Russia’s travel & tourism market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Aeroflot OAO
- 8.2. Accor SA
- 8.3. Booking Holdings Inc
- 8.4. Rosinter Restaurants Holding OJSC
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Russia travel & tourism industry value: $ million, 2018-23
- Table 2: Russia travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Russia travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Russia travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Russia travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Aeroflot OAO: Key Facts
- Table 7: Aeroflot OAO: Annual Financial Ratios
- Table 8: Aeroflot OAO: Key Employees
- Table 9: Accor SA: Key Facts
- Table 10: Accor SA: Annual Financial Ratios
- Table 11: Accor SA: Key Employees
- Table 12: Accor SA: Key Employees Continued
- Table 13: Booking Holdings Inc: Key Facts
- Table 14: Booking Holdings Inc: Annual Financial Ratios
- Table 15: Booking Holdings Inc: Key Employees
- Table 16: Rosinter Restaurants Holding OJSC: Key Facts
- Table 17: Rosinter Restaurants Holding OJSC: Annual Financial Ratios
- Table 18: Rosinter Restaurants Holding OJSC: Key Employees
- Table 19: Russia Size of Population (million), 2019-23
- Table 20: Russia Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 21: Russia GDP (Current Prices, $ Billion), 2019-23
- Table 22: Russia Inflation, 2019-23
- Table 23: Russia Consumer Price Index (Absolute), 2019-23
- Table 24: Russia Exchange Rate, 2018-23
- List of Figures
- Figure 1: Russia travel & tourism industry value: $ million, 2018-23
- Figure 2: Russia travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Russia travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Russia travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Russia, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Russia, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Russia, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Russia, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Russia, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Russia, 2023
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