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Food Import Ban And Economic Disabilities Affected Hospitality Industry

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The size of the hospitality and tourism sector in Russia has grown significantly over the last decade. The events such as the Winter Olympics and country’s first Formula 1 Grand Prix helped Russia to improve its positions on the world tourism market. Many changes have been made since 2010 in the enhancement of facilities and services. These changes helped Russia to strengthen the country’s position worldwide.

Hospitality sector in Russia

In 2013 a lot of tourists visited Russia (approximately 28 million people). Saint-Petersburg took 90 percent of them. Unfortunately, in 2014 the amount of tourist decreased approximately 40 percent. During the economic difficulties the number of operating hotels also significantly …show more content…

The first Taco Bell restaurant is opening in Moscow this autumn. It also should be noted that the development of the existing and the arrival of new players in the fast food niche are seriously complicated by the existence of numerous mobile networks such as vagonchikov "Tonar", "crumb-potatoes", "Steff", "People 's Kitchen" and many others, that combine extremely low prices and not always indisputable quality. In contrast, hotel business is more valued in Russia than restaurant sector. Hotel sector is having many difficulties because of low wages. Low quality of service has had a huge impact on the overall image of the Russian hospitality industry, moreover,current economic instability. International hotel companies have a huge impact on developing hospitality industry in Russia. Every year more and more international companies infiltrate to Russia hotel industry. This is primarily due to the lack of experience of Russian companies in the hospitality industry. Their infiltration into the Russian market takes place in various ways: the addition of already built hotels, the absorption of competing hotel chains and the construction of new facilities. There are many international hotels such as: Hilton International, HYATT Hotels Corporation, Capella Hotel Group, Domina Hotels, Four Seasons Hotels and Resorts, Marriot

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