Investment Projects, Business Armenia Artek Resort and Adventure Park Complex | Page 7

Artek Resort and Adventure Park complex
will be a perfect place both for families and
groups of young people looking for new
adventurous and entertaining places to
spend their leisure time, relax and have an
unforgettable experience.
Market Analysis
The main target group of the destination
and provided services are tourists.
The development of tourism sector plays
an important role for economic growth of
Armenia, raising living standards, creating
new job opportunities, promoting small and
medium-sized
businesses,
newly
representing and capitalizing the natural
and cultural heritage of the country.
Tourism is announced to be one of the
key sectors of the RA economy, regulated by
the law of the Republic of Armenia “About
tourism and Tourist Activities” as well as by
the Tourism Development Plan. Hence, the
programs within this sector enjoy the state
support and a number of incentives.
Particular attention is paid to the
implementation of the "open air" policy,
with the involvement of low-budget
carriers, development of railway passenger
transportation markets, creation and
modernization of tourism infrastructures,
as well as the promotion of international
hotel providers. For the last several years,
the majority of tourists arriving in Armenia
come from three main countries: Russia
(21.7%), Iran (17%) and the USA (9.6%).
GEOGRAPHICAL DISTRIBUTION
OF TOURISTS VISITING ARMENIA
Other
countries
37%
Americas
12%
6
CIS
countries
25%
EU
countrie
s
26%