Russia’s middle class love travel

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Russia has become the world’s second-fastest growing outbound travel market in terms of spend, fuelled by the increasing number of middle class travellers, according to new research.

Hotels.com has published its Russian International Travel Monitor (RITM), which reveals almost half (49 percent) of hoteliers worldwide have witnessed a rise in Russian guests over the past 12 months.

Russia’s outbound travel spend increased 32 percent year-on-year in 2012, to reach US$43 billion.

35.7 million Russian tourists took a foreign trip in 2012, up from 7.7 million in 2006.

More than half (53 percent) of all Russian travellers booked their accommodation online, while just 32 percent opt to use a traditional bricks-and-mortar travel agent.

International outbound travel is forecast to grow by 7.5 percent per year on average to 2017.

Source = ETB News: P.T.
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