Russia’s tourist industry could see its annual revenue drop by a staggering 2.8% in 2021, according to the World Tourism Organization (WTO).
Russia’s tourism sector is in the spotlight after its top tourist board issued new sanctions targeting major Russian companies, including travel agencies and travel companies, in a move aimed at curbing corruption and curbing the spread of the Ebola virus.
Russia’s National Tourism Organization said on Friday that travel and leisure travel, which account for about 40% of the country’s GDP, will likely see a reduction of 3.5% in 2020 and 2.9% in 2022.
Russia is currently experiencing the worst Ebola outbreak in history, which has killed at least 3,828 people, including 2,895 from Ebola.
Russian President Vladimir Putin said last month that the Ebola crisis was now a national security threat, but a U.S. government investigation into possible corruption in the state-owned company that runs the travel and tourism industry is still ongoing.