Private trips: The sharpest plunge was recorded in the subcategory of overseas tourism, which fell by more than 40 percent, according to The Moscow Times. Private trips declined by 27 percent during the period, and business trips dropped by 17 percent. Only 6.5 million Russians left their home country during the first three months of the year, compared to 9.4 million during the same period in 2014, the agency revealed, citing information compiled by the State Statistics Service. But as Russians increasingly opted for "staycations," internationals flooded into the country, with foreigners visiting 16 percent more frequently than they did during the same period last year. Foreign tourism to Russia decreased by 1 percent in the first quarter. However, business trips accounted for the bulk of this increase.
(news.financializer.com). As
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