International Hotel Chains in Russia — 2018 International Hotel Chains in Russia
International Hotel Chains in Russia — 2018 International hotel chains in Russia According to EY’s annual market research on the presence Moreover, nine new branded hotels (1,575 rooms) were opened of international hotel brands in Russia, there were 179 hotels in January - October 2017, compared with 13 hotels with a total under international management operating in the region room stock of 2,458 keys commissioned in Russia in 2016. in October 2017 with a total room stock of 38,705 keys. New hotels opened under international brands, per year (October 2017) 25 20 15 10 5 0 Number of hotels Sources: hotel operators’ data, EY analysis More than half of the existing room supply is concentrated In this case, by 2022 the share of Moscow and St. Petersburg will in Moscow and St. Petersburg (52%), followed by Sochi (11%), decrease by 5% (to 47%), while the share of Sochi will decline to the Moscow Region (6%), Ekaterinburg (3%), and other locations. 8%, due to the growth of branded hotel supply in the Moscow Region (7%) and Nizhny Novgorod (3%). It is planned that by 2022 the number of hotels under international management will increase by 102 new properties (20,249 rooms). Moreover, openings of the first ever branded hotels are planned Thus, if by 2022 all announced hotels open, the number of hotels in 22 new locations, including Khabarovsk, Novorossiysk, Ryazan, under international management in Russia will reach 281 Saransk, Stavropol, Tomsk, Vladimir, Vladivostok, and others. (58,954 rooms), located in 59 cities. 1 | International Hotel Chains in Russia – 2018 Share of existing room supply by cities in Russia Share of future room supply by cities in Russia (October 2017) (including existing room supply) 28% 30% 29% 35% 3% 6% 3% 18% 11% 22% 7% 8% Moscow St.
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