Tourism is one of the sectors most heavily affected by COVID-19. Experts believe that the industry will undergo significant restructuring, with travel abroad giving way to domestic tourism, and trips to places where people dont gather in large numbers becoming more popular. According to Managing Director of the 21st Century Arctic International Union Valery Korovkin, current circumstances offer a chance to develop a new tourist destination. It is an area that has been discussed for a long time, but which little is currently being done to promote. Arctic tourism is a potentially highly profitable business from the perspective of federal and regional budgets, and has long been successfully exploited by other coastal nations.