TOURISM MARKET IN THE WORLD AND IN RUSSIA: MODERN STATE AND DEVELOPMENT PROSPECTS

Abstract

Tourism plays a significant role in the GDP, job creation, and employment in many countries. According to the statistics of the World Travel & Tourism Council (WTTC) and Oxford Economics, there was a rapid recovery in the tourism sector in 2022, with its contribution to the global GDP increasing by 22% on an annual basis, reaching $7.7 trillion US dollars. There is a direct link between the trends in the development of the tourism industry and overall economic, technical, and social achievements. In recent years, the structure of tourist flows to the Russian Federation has changed significantly due to geopolitical and socio-economic factors.
 The aim of this research is to analyze the development of tourism in the post-pandemic period, taking into account the impact of international sanctions against Russia and restrictions on the travel of Russian citizens abroad.
 The objects of the study were tourist flows, their structure and dynamics, as well as a quantitative assessment of the entities and actors associated with tourism activities.
 This work is based on the authors’ own research and data provided by state statistics. Statistical methods and methods of general scientific research, including observation, data collection, and comparison of two or more objects to identify common and distinctive features, were used for analysis.
 Results. The paper presents economic indicators of the hospitality industry’s development, analyzes statistical indicators of the hospitality market for the years 2018-2022 and their structure. Problems and current trends in the development of the tourism and hotel markets in the Russian Federation are identified.
 Application of results. The results can be applied in the scientific and practical activities of regional authorities in addressing issues related to the development of international and domestic tourism.