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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, and 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Saving the Hotel Industry
13 April 2020

On Monday, 13 April the Roscongress Foundation resources will broadcast an online conference titled ‘Business: A Survival Guide. Saving the Hotel Industry’. The conference can be viewed on the Roscongress Foundation’s website and Roscongress TV YouTube channel at 13:00 Moscow time.

Tourism and the hotel industry are going through an unprecedented crisis because of the COVID-19 outbreak. In Moscow alone during the past 20 days room occupancy rate dropped to 10–15% from 60% during the same time a year ago. Spa hotels and health resorts in places like Sochi and other vacation destinations are not allowed to let rooms at all. The hotel industry is on the list of affected businesses but what is the government going to offer for help and would it suffice? Do the market players possess a financial cushion big enough to take them through the crisis? How can the employees be protected? What should be done to save the industry?

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