-Tourism is playing a more and more important role in the economy of Russian regions. However, not all regions are able to ensure the long-run economic stability. According to the authors, the main causes of regional tourism development problems are drawbacks of the regional tourism management system. The article deals with effects of tourism on regional economies. The authors suggest implementing a number of measures aimed at updating the regional tourism management system. The importance of tourism should not be underestimated. Tourism offerings highlight the value of local and natural attractions, generates economic activity, jobs and export revenues.