July 2002
Increased confidence and interest in the Russian and CIS market.
The Russian market is going through an exciting period of development toward a
market economy, where the opportunities for new business are wide and varied.
In the travel & tourism business, Russia and the CIS countries have more and more
to offer the world in terms of both inbound and outbound tourism. Russia has been
significantly developing its infrastructure over the past decade and the benefits
are being reaped as inbound tourism figures continue to rise, with some 21 million
tourists and business travellers visiting in 2000.
Russia is of enormous importance on the world wide outbound market, with over
18 million Russians travelling abroad each year destinations around the world
are keen to attract Russian visitors. Indicators show that over the past months
whilst many countries noticed a decrease in outbound tourism, Russia and CIS countries'
outbound markets were hardly affected. In fact due to the decrease in costs of
international travel, overseas travel has become an even more appealing holiday
option for many in this region.
Destinations around the world understand the significance of the Russian market
and for this reason ITE Travel Exhibitions' flagship event MITT (Moscow International
Travel & Tourism exhibition), which takes place annually is such an important
forum for the travel industry. It provides an ideal gateway to the Russian and
CIS market and annually welcomes some 2,000 of the top names in the international
travel industry from over 100 destinations and has a visitor audience of over
100,000.
The potential of Russia and the CIS is too encouraging to ignore and investors
and businessmen are converging at the shows to ensure that they take part in this
exciting time of development.
MITT2003 will take place 26-29 March 2003 at the Krasnaya Presnya Expocentr, Moscow
For further information, please contact:
Alison Colley, Marketing Executive,105 Salusbury Road, London NW6 6RG,UK
ITE Travel Exhibitions, ITE Group Plc
Tel: +44 20 7596 5000 Fax: +44 20 7596 5102/5111
[email protected]