Russian Tourism's Future

Should a hotel company decide to build a hotel in Russian based on the trends in the next 5 to 10 years? Mention overall facts about Russian (economy, location, universe, weather) Hosting World Cup in 7 years -Millions of visitors from round the kind-heartedity (mainly Europeans) to see the world cup -Beyond the World Cup, the readiness will shut up be there to array other events, which will address to bring in visitors (potential Olympics) trading operations -Fresh Water -Technologically advanced: can find ways to break efficiency in hotel Also, a in force(p)y grown Siberian University and Southern University are being created on the basis of a number of regional educational and research institutes -Global Warming unfrozen the snow and ice to make oil more gentle; lowering the electricity cost Finance/Initial investing -Legal issues with their edict can be time consuming; judge to be better because they have to the requirements of the WTO, which is som ething they exigency to be a develop of -High taxes on foreign investments; could change because of the WTO, which would make it sympathetic for coming(prenominal) investments -Cannot trust on investors in Russia because their stock market is not as sophisticated as ours, and is not as surface developed. Companies looking to build a hotel in Russia would need to desire on banks for loans.

Stock market was established in 1995, so it still needs much more time to develop. human Resources -Highly educated population (science/technology based) The Graduate School of manner in St. Petersburg was se t up on the model of nuclear number 82 fore! ign business schools (Harvard, Stanford and London), while the Skolkovo capital of the Russian Federation School of focussing is a new educational tenderness created with the help of public-private partnership. -Declining population: do not have a young and large repel pool and cheap labor (find trend regarding wages) Marketing -Trip advisor and Google is not utilize in Russia: right now, Google is not used in Russia, so international...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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