Sochi cashes in as Russian economy trembles

Many Russians cannot afford to travel abroad this winter and are choosing to holiday closer to home instead.

Falling oil prices, Western sanctions and a weak Rouble are pushing Russia’s economy closer to recession.

Many Russians cannot afford to travel abroad this winter and are choosing to holiday closer to home instead.

Al Jazeera’s Peter Sharp reports from the Black Sea resort of Sochi, the home of last year’s Winter Olympics.