Market
What will be the impact on the Russian tourism industry due to the travel advisory by December 31, 2025?
2
Resolution / Starting Odds
Significant decline • 25%
Moderate decline • 25%
No significant impact • 25%
Increase • 25%
Reports from Russian tourism agencies or economic analysis from major financial news services
Story
Russia Urges Citizens to Avoid US, Canada, EU Travel Amid Increased Confrontation
Dec 11, 2024, 11:13 AM
The Russian Foreign Ministry has issued a stark warning to its citizens, advising them to avoid travel to the United States, Canada, and some EU countries due to heightened risks. The ministry cited the deteriorating relations with the US, describing the situation as teetering on the verge of rupture. Maria Zakharova, the ministry's spokesperson, emphasized that Russian citizens have become targets for US intelligence agencies, facing potential detention risks in the US and its satellite states. The advisory comes amidst increased confrontation between Moscow and Washington, with the ministry urging Russians to refrain from non-essential travel to these destinations, especially during the upcoming holidays.
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Increase in tourism revenue • 25%
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United Kingdom • 25%
Germany • 25%
France • 25%
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