Russia’s inbound tourism flow is on track to grow by 15% thanks to Russia-hosted 2018 FIFA World Cup this year, Advisor to head of the Federal Agency for Tourism Andrey Monakov told TASS on Tuesday.
"McKinsey researchers have conducted an analysis that showed that the flow of inbound tourism to Russia may rise from 14 to 18% in 2018 thanks to the FIFA World Cup. We believe this target can be achieved. Some experts even say (inbound tourism in Russia can rise by - TASS) 30%, though we stick to the 15% target," he explained.
According to Monakov, the Agency plans to assume measures to keep Russia’s inbound tourism flow from declining further on.
Russia’s Central Bank said earlier that the FIFA 2018 World Cup made a positive contribution to the annual growth rate of the national GDP amounting to 0.1-0.2 percentage points in the second quarter of this year. Q2 GDP growth rate is estimated at 1.8-2.2% in annual terms, the regulator said.
According to the Association of Tour Operators of Russia, the overall contribution of the 2018 FIFA World Cup into the country’s GDP exceeded 850 bln rubles ($13.5 bln).
Russia hosted the 2018 World Cup from June 14 to July 15, with matches held in eleven Russian cities.