According to Euromonitor International’s Travel Forecast Model, travel and tourism was poised for an upturn in 2022, as it hoped to put the pandemic behind it. According to Euromonitor International’s Travel Forecast Model, Russia now accounts for 1% of outbound tourism spending. Although there are no reliable estimates of medical tourism spending, using numbers of medical travellers suggests that Russian medical tourism is far less than 1% of medical tourism spending. Travel players from airlines to online travel agents reported that the impact of rising costs was feeding through into higher prices for consumers. The inequity of vaccine delivery is a thorn in the side of sustainable tourism recovery.

Source: The Times April 28, 2022 13:47 UTC