We studied 6 groups of factors
in order to make the rating
Market size (measured as tourist flow). Volume of paid travel services. Average price per night in a hotel room. Number of hotel rooms (in general). Reliability (stability) demand for tourist services in the region
Factors affecting revenue
Cost of labor, measured as the average salary in the region
Factors affecting expense
Business conditions in the region. Available support programs
Factors affecting the risks
Availability of promising integrated tourism investment projects in the region within the framework of the Federal Target Program "Development of Domestic and Inbound Tourism in the Russian Federation (2019-2025)". Availability/quality of the current regional tourism development strategy with designated KPIs and specific projects.
Tourism development clusters and institutional environment
Number of nights spent in collective accommodation facilities. Income of collective accommodation facilities from the services provided. Funds received from the sale of a tourist product.
Tourism and hospitality industry enterprises financial indicators
Number of attractions from the list of top 100 attractions in Russia according to TripAdvisor in the region.