In 10 Russian regions, 12 year-round resorts will be built as part…
In 10 Russian regions, 12 year-round resorts will be built as part of the implementation of the large-scale project 'Five Seas and Lake Baikal', Prime Minister Mishustin stated.
Consensus
- The 'Five Seas and Lake Baikal' project will lead to the construction of 12 year-round resorts in 10 Russian regions.
- Prime Minister Mikhail Mishustin announced the project during a meeting on tourism development.
- The government is using state support measures, including subsidized lending, to finance tourism projects.
- Over 1.5 trillion rubles are expected to be invested in new tourist facilities.
- Approximately 1 trillion rubles of the investment will come from state-supported loan portfolios.
- 300 hotels and multifunctional complexes are being built in Russia.
- 40 year-round tourist facilities, such as aquaparks, amusement parks, and ski resorts, are under construction.
Points of divergence
- The median spending on spa centers and aquathermal complexes in June 2026 was 4,019 rubles, a 13% increase from June 2025, with a 19% rise in purchases. — vedomosti
- Median spending in sports centers and fitness clubs reached 3,935 rubles in June 2026, up 9% year-on-year, with a 10% increase in purchases. — vedomosti
- Median spending in family recreation and children's entertainment centers rose to 1,488 rubles, a 10% increase from the previous year, with a 13% rise in purchases. — vedomosti
- The demand for domestic tourism in Russia decreased by 3% year-on-year in the first half of 2026, reaching 40.1 million trips. — vedomosti
Coverage (2 sources)
- In 10 Russian regions, 12 year-round resorts will be built as part of the implementation of the large-scale project "Five Seas..." — ТАСС (Telegram)
- Mishustin: in 10 regions of Russia, 12 year-round resorts will be built — Ведомости