Russians’ Travel Expenses Grew Tenfold

The spending of Russian residents on travelling during the May holidays increased almost tenfold compared to the same period last year, RIA Novosti reports with reference to a study conducted by Qiwi Business analysts.  

It is noted that in the segment of tourist vouchers from May 1 to 10, 2021, the volume of spending increased by 897 per cent compared to the same period in 2020 and exceeded the indicators of the same period in 2019 by 15 per cent. The largest volume of expenditures was recorded in Moscow and the Moscow region, as well as the Krasnodar and Krasnoyarsk regions.

In turn, the turnover of air tickets during the May holidays increased by 986 per cent compared to the same period last year, and the number of purchases grew by 386 per cent. From May 1 to May 10, 2019, the turnover was 69 per cent higher and the number of transactions increased by 61 per cent. The leading regions in terms of spending this year were the Nizhny Novgorod Region, Kabardino-Balkaria, Moscow, and the Moscow Region. The average cheque was 17,508 rubles.

In the hotel booking category, turnover increased by 809 per cent compared to 2020 and by 11 per cent in the last ten days of April 2021. Compared to 2019, this figure has decreased by 11 per cent. The average cheque was 10,759 rubles.

Also, Russians actively bought tickets for various performances, concerts, and excursions. The turnover in this category has grown 16 times and the number of purchases has doubled. The average cheque was 2,810 rubles. The Moscow, Voronezh, and Kaliningrad regions became the leading ones in terms of expenditures in this category.

Ru-Main, 14.05.2021 

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