E3S Web of Conferences (Jan 2021)
Legal regulation of tourism activities in Russia and the CIS countries
Abstract
The tourism and hospitality industry produces many social benefits. More specifically tourism creates employment opportunities, contributes to the growth of local and regional economies by improving both the living standards of resident households and the incomes of local firms and represents “a tool for poverty alleviation” especially in developing countries. Nowadays tourism is the biggest industry globally. In particular according to the World Tourism Organization and Organization of American States, “data indicates that the sector contributes to more than 10 % of global gross domestic product and provides for one in ten jobs in the world”.