Overseas fans in Russia for the 2018 World Cup spent about €1.3 billion between June 14 and July 16.
This according to a report by Russia’s Sberbank.
Breaking down the spend, hotels and restaurants were the biggest winners with hotels taking €67.9 million, though Sberbank says the aggregate figure across the country would have been higher as fans used different housing options and payment methods.
Restaurants fared second best taking €582 million…………. the report points out that if the €244 million spent on fast food is added to this, then the total sum of €840 million exceeds hotel expenses.”
Cafes, restaurants and souvenirs accounted for about 45-50% of fan expenses.
Transport accounted for 4-6% of expenses while airlines cashed in with €186 million.
The biggest growth sector was sports goods where the purchases were 9.2 times more often than in 2017, with foreign fans spending more than €46 million.