Monthly Archives: May 2016

2016′s Q1: RUSSIA OUTBOUND IN SHARP DECLINE

Here is this month’s report on key outbound markets around the world…

In this report, the award for the strongest growth in outbound travel goes to the US, where outbound travel was 10% in the first 2 months of 2016. Russia had the weakest growth; outbound tourism from that country dipped an incredible 31.3% last year, due in large part to incremental restrictions by the Kremlin over the last few years to restrict outbound travel. Continue reading …