Analysis of Tourists’ Expenditures at the 2014 Sochi Olympic Games

Alexandr Vetitnev, Nadezhda Bobina and Olga Zelenskaya
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Alexandr Vetitnev: Faculty of Tourism, Service and Sport, Sochi State University, Sochi, Russia
Nadezhda Bobina: Faculty of Economics, Sochi State University, Sochi, Russia
Olga Zelenskaya: Faculty of Tourism, Service and Sport, Sochi State University, Sochi, Russia

International Review of Management and Marketing, 2016, vol. 6, issue 2, 227-232

Abstract: The aim of the this study is to determine the Russian tourists’ expenditures during the 2014 Sochi Olympic Games, comparing these with tourists’ expenditures 2 years before and examine their affecting factors. The analysis showed that Olympic tourists’ expenditures were significantly higher than spending of other leisure travellers and amounted approximately US$ 2,000 per a trip. It was also found that the expenditures’ structure of Olympic tourists differed from other tourists due to the additional spending on the Olympic events and a higher cost of accommodation. The level of Olympic tourists’ expenditures was influenced by many socio-demographic and travel-related factors such as family income, occupation, type of accommodation, purpose of the trip

Keywords: Tourists’ Expenditures; Olympic Tourism; 2014 Sochi Olympic Games (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2016
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