A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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News

Фонд Росконгресс собрал на онлайн-конференции представителей индустрии гостеприимства

On Monday Roscongress Foundation together with EY hosted ‘Business: A Survival Guide. Saving the Hotel Industry’. Government representatives and industry professionals discussed the issues the survival of the entire branch relies upon.

The discussion brought together Alexis Delaroff, Chief Operating Office, Accor New East Europe; Vadim Prasov, Alliance Hotel Management, Managing Partner; Alexander Bobylev, Chairman of the Board — General Director, Baltschug; Olga Arkhangelskaya, Partner, Head of Real Estate, Hospitality, and Construction Services, Head of the Transportation, Infrastructure and Government, and Public Group in the CIS, EY; and Elena Lysenkova, Head of the State Projects and Tourism Safety Department at Rosturism.

«Our industry’s main problem — whether it is hospitality or food and beverage — is a sudden collapse in demand,» Mr Bobylev summed up the joint opinion. «It means that the upper segment is on 4 to 5 % load, in other words it is in negative profit territory. Sure, there are certain market segments that may feel better given the present circumstances. Yet, the main question for the industry today is mere survival.»

Russian Government’s list of industries that suffered from the spread of the coronavirus includes the hospitality industry. Support measures mentioned by the discussion participants included taxation grace period or tax breaks, as well as credit payment breaks to redirect the funds towards employee and contractor payments.

In turn, Rosturism representative Elena Lysenkova stated, that the government understands «how important it is to make sure the assets remain in the hands of their proprietors. It would stipulate their investment in further development of the industry.» At the same time, she stressed that Rosturism is guided exclusively by the current legislature. «We sincerely hope that the epidemiological situation will get back to normal and Russia will have a proper summer season, the most crucial season for the entire hospitality industry,» Ms Lysenkova added.

Discussion participants agreed that the crisis caused by COVID-19 will change not just the hospitality industry but the economy overall. «Things we have been talking about are coming towards us much faster than we expected. Whether it is remote work, deliveries, or changes in consumer preferences — we soon will find ourselves in a totally different economic model,» said Ms Arkhangelskaya.

The entire conference can be viewed at the Roscongress TV YouTube channel.

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