Room for visitors

摘要

Services account for nearly 60% of St Petersburg's economic activity and the fastest growing segment of this sector is tourism. The city now attracts 3.5 million visitors a year, ranking it ninth in Europe and well ahead of Moscow's 2.9 million tourists. According to industry experts, though, the city's cultural and arts heritage is under-utilised. A report by UK Trade and Investment estimates that $1.5bn of private sector investment will be required in the next five to six years to meet the government's target for new hotel capacity.