Lately, as being repeatedly reported by most of the national and international governmental and non-governmental media channels, at the last months of the 2009, significant increase noted in the amount of incoming tourists to Russia.

Just to cite few examples;

Although Russian air passenger numbers fell 9.4 percent in 2009 as the global downturn in air travel took its toll, a figure nearly three times as severe as the global average. That should be noted in the agenda of hospitality investors especially by the hotel investors.

According to state air transport agency 45.1 million business and holiday travelers had flown in RF last year, down 9.4 percent on 2008, though December had recorded an 18.7 percent jump.

When we look at the numbers for the capital, almost 10 percent fewer foreign tourists visited Moscow last year but the capital expects more traffic in 2010 as the economy improves.

The city numbered 3.7 million in 2009, a drop of 9.7 percent compared with a year earlier. The data comes from the border service numbers.

In the first months of 2009, the tourist drop was about 12 percent, but the numbers improved by the year's end and even reversed the effect of early negative numbers.

As Grigory Antyufeyev, chairman of Moscow's tourism committee, uttered "I can say with certainty that 2010 will give us, at a minimum, a restoration of 2008's levels, and given a successful outcome, we expect growth of 2 to 3 percent compared with 2008, the pre-crisis year,".

Most of the experts from state organizations and private sectors crucially points out that the number of foreign visitors to Moscow to reach 10 million by 2020.

But also when we look at the current supply, we notice that it will be quite challenging for the city accommodate her guests with the international standards.

It seems that the state is also in agreement with our opinion as hospitality experts.
Therefore, the Moscow region has released a strategy on tourism in the country for both Russians and foreigners which yet to be fully disclosed.

Our suggestion to investors as IFK Hotel Management is that while there are lot of projects with very good prospective returns and sell-side is quite active nowadays, picking up the potential projects and being investors in those would guarantee fruitful yields to their portfolio and diversify and protect them from the risks that were encountered in the crisis.