A listing of Russia's top tour operators, based on annual turnover was recently published. The total annual turnover of the leading 50 companies was $ 5.7 billion in 2009, a decrease of 21.3%. The average decrease of individual turnover for companies was 18% compared to an average 38% growth in 2008. Overall, 55% of all companies included in the Top 50 tour operators, reported a decreased turnover, whereas in 2009 only 6% of the Top 50 had negative year-end results.
However, two key Tour operators, Tez Tour and Pegas Touristik, did not take part in the survey this year and were therefore not included in the ratings. However it is believed that they are both likely to have been in the top 5 Tour operators in Russia.
Intourist reported a 24% decrease in turnover. OTI Group, which was in 8th place in 2009 moved into second place and had a positive turnover growth of 9%. Capital Tour is in 3rd place and reported a 22% decrease in annual turnover.
The Top 20 Russian tour operators the market leaders are:
# |
|
Annual turnover in 2009 ($, million) |
Annual turnover in 2008 ($, million) |
Annual growth comparing to 2008, % |
City |
1 |
|
715,47 |
938,52 |
-23,7 |
Moscow |
2 |
|
591,58 |
541,87 |
9,2 |
Istanbul |
3 |
|
507,03 |
650 |
-22 |
Moscow |
4 |
|
485,00 |
650 |
-25 |
Moscow |
5 |
|
469,23 |
n/a |
n/a |
Moscow |
6 |
|
457,55 |
608,76 |
-25 |
St-Petersburg |
7 |
|
326,05 |
562,7 |
-42 |
Moscow |
8 |
|
170,73 |
200,5 |
-15 |
Moscow |
9 |
|
161,03 |
162,87 |
-1,1 |
Vladivostok |
10 |
|
135,36 |
164,83 |
-18 |
Moscow |
11 |
|
128,71 |
152,3 |
-15,4 |
Moscow |
12 |
|
127,34 |
123,42 |
3,2 |
Moscow |
13 |
|
126,861 |
196,59 |
-35 |
Moscow |
14 |
|
125,76 |
161,44 |
-22 |
Moscow |
15 |
|
122,33 |
185,53 |
-33 |
Moscow |
16 |
|
110,18 |
121,39 |
-9,2 |
Moscow |
17 |
|
103,88 |
143,5 |
-28 |
Moscow |
18 |
|
86,78 |
106,76 |
-19 |
Moscow |
19 |
|
60,66 |
107,92 |
-44 |
Moscow |
20 |
|
54,11 |
63,02 |
-14 |
Moscow |
* OTI Group of companies includes Coral Travel, Sunmar Tour, A-Class, Blue Sky
** TUI Russia and CIS includes TUI, VKO Travel and Mostravel
*** Academservice and Vodohod are incoming specialists not outbound players.