The article deals with the main advantages of railway transport in the field of tourist transportation and the capabilities of effective rolling stock use for organizing high-quality transport service and attracting new customers. Currently, the attention of a great number of transport industry scientists is focused on passenger transportation. The foundations of interaction between railway transport and the tourism industry are being formed. The importance of the railway tourism sector cannot be underestimated in terms of economic, social and environmental aspects of the society. There are advantages of railway transport compared with other modes of transport: the longest railway network in Europe, ability to transport a large number of passengers, use of railway cars as a hotel on wheels, high degree of reliability and safety, lack of dependence on weather conditions, high level of comfort and amenities on board, providing a choice of travel conditions depending on the carriage types and train categories, regularity. The development of the route network contributes to the increase in the competitive abilities of regional tourist destinations. At the same time, the key factors in choosing the method of organizing a tourist route are as follows: the volume of passenger demand for an assigned route, size of expenses, tour duration, etc. The field of tourist transportation is not limited to the use of rail transport only. Its collaboration with other types of transportation allows for maximum effect from tourist service while maintaining a high level of service. This interaction is one of the components of the tourism product aimed at addressing all the key aspects and stages of tour organization.