Sberbank and VTB released information on their clients' expenses during the New Year holidays.
"According to SberIndex, from 4 to 10 January this year, compared to the previous year, the population's expenses for the purchase of air tickets were 77% lower, for hotels - by 81.4%, for purchases in duty free - by 87.1%", - reports Kommersant.
While payments for travel agency services fell by almost 40%, residents of the country began to spend significantly more money on the purchase of car fuel and payment for car services: the volume of travel by personal transport across the country increased.
According to VTB, for the period from January 1 to January 8, the expenses of Russians on travel agency services decreased by 30% - to 457 million rubles, but increased the cost of transport by 22% and by 15% - on hotels. Spending of Russians in the cities of the Golden Ring especially increased, where catering revenue increased by 42% compared to last year, alcohol market turnover - by 32%, and spending on entertainment and sports - by 10%. The residents of the country showed especially great interest in local ski resorts, which managed to earn 13% more than last year.
In the past holidays, the activity of visitors to stores in Moscow and St. Petersburg fell by 25% compared to last year. As a result, the owners of Moscow retail stores and catering outlets missed about 15% of their revenue.