Estonia, Financial Services, Good for Business, Tourism

In December and January around 1,000 Russian tourists more than last year are expected to visit Estonia. Over the past five years, the number of Russian tourists has increased four times.

Since Russian tourists are among the biggest revenue creators of companies, accommodation and entertainment facilities in Tallinn and elsewhere in Estonia focus a lot of Russian tourists when organising New Year's parties. A large part of packages and hotel places are sold out in September and October.

Enterprise Estonia Tourism Development Centre head Tarmo Mutso said that 15,000 Russian tourists more can be expected in December and January than last year when over 62,000 people from Russia came to Estonia and stayed overnight in accommodation establishments. Many people also stay at relatives or come on day cruises. "When Russian people spend an average of 310 euros a year on a trip, we assume that at the end of the year the spending is considerably bigger. New Year's parties in Tallinn cost over 100 euro a person already," said Mutso.