Investment Projects, Business Armenia Artek Resort and Adventure Park Complex | Page 8

Over the past five years, the number of tourists visiting Armenia has grown by an average of 11% every year. INCOMING TOURIST ARRIVALS, IN THOUSANDS 3000 2,692 2500 1,908 2000 1500 1,082 1000 500 511 319 382 2005 2006 2007 558 575 758 843 2010 2011 2012 684 1,204 1,192 1,260 1,351 0 2008 2009 The accommodation and public catering services proportion of the sector was about 1.3% of GDP in 2016, amounting to 66.2 billion AMD. About 622 thousand tourists arrived in the first half of 2017 – 7 2013 2014 2015 2016 2017 2021 2025 24% more than for the same period in 2016. According to official statistics, 1.26 million tourists arrived in the Republic of Armenia in 2016, an increase of 5.7% compared to 2015.