Sochi's Tourism Future Cast Into Doubt by Moody's
Skift Take
Once the medals have been awarded and the crowds are gone from the Sochi Olympics, the region will be saturated with an over-abundance of hotels and a repetitional hangover if the current negativity surrounding the Olympics persists. Sustainable tourism this is not.
The Russian government reportedly poured $51 billion into Sochi to prepare for the Sochi Olympics, and secondarily to give the region a lasting tourism benefit, but a Moody's Investors Service report is skeptical about any ongoing tourism benefit after the Olympic torch is extinguishe
