Tourism is one of the fastest-growing and most promising sectors of Armenia. The sector is one of the main drivers of the Armenian economy and is recognized as a government's priority sector.
Armenia’s tourism industry has shown significant growth in the past 5 years. In 2019 Armenia hosted almost 1.9 mln tourists, with about 15 % growth.
On the crossroads of centuries-long history, Armenians have created exceptionally tangible and spiritual cultural heritage. More than 25,000 historical monuments spread around the country, some included in UNESCO World Heritage. At the same time, Armenia has a lot to offer to the world. We are pleased to satisfy people with different tastes. We have the longest ropeway in the world, zip line and extreme parks, Ski resorts, and mineral water spas. That is why the Armenian tourism sector has been booming and still has tremendous potential for growth.
Each year Armenian tourism is becoming more and more attractive for investments, and in parallel with the increased number of arrivals, the opportunities and offerings are expanding, involving local and international investors, new and world-known hotel chains. Today, this sector can offer one of the most attractive returns on investments and can be considered lucrative for investments. In the recent 5 years, the number of hotels has doubled. Tourist flows are coming mainly from the EU countries, Russia and CIS. Armenia has a 6% flow from the USA and 5 % from Iran.
Tourists visit Armenia for leisure and business and for medical treatment emerging as a new and exciting sector for investors.
An "open sky" policy has been in place since 2013, with 30 international airlines operating in the country. In the number of operating airlines of the Travel and Tourism Competitiveness Index 2019, Armenia ranked 69th out of 140 countries.
Armenia is a trustworthy partner for major players such as Air France, Australian Airlines, Air Cairo, Wizz Air, Ryan Air, Qatar Airways, and many others. Armenia has visa-free for 60 countries, including EU member states, the US, and China. The citizens of over 70 countries can also quickly get E-visa or obtain one on the border upon arrival. Armenia is a country where hospitality is reflected even in the regulations.
As the world is facing an unprecedented global health, social and economic emergency with the COVID-19 pandemic, travel, and tourism is among the most affected sectors. Once the situation gets normal, the tourism sector will definitely continue its robust growth and being a lucrative area for foreign investments.
Comprehensive information on Armenia’s tourism can be found on the official website of the Tourism Committee of the Ministry of Economy.