In 2024, Russian tourists are opting for domestic travel instead of choosing foreign resorts for their vacations, according to Evgeny Hodchenkov, the founder of investment company "Investor League". Internal tourism has been showing steady growth, with a 17% increase in 2022 and a 20% increase in 2023. The trend is expected to continue in 2024, with a 13% growth in the first quarter alone.
Popular destinations for Russian tourists include eco-tourism, rural tourism, and adventurous activities. Hodchenkov mentioned that both individual and group tours are gaining popularity. Hiking in the Caucasus Mountains has become a particularly popular choice, with the "Caucasian Trail" route contributing to the growing interest in this direction.
As Russian tourists embrace domestic travel, the demand for international resorts may decline. This trend could have implications for the tourism industry globally, as Russia has traditionally been a significant market for foreign destinations.