2018 | Ukraine 1 Hotel market overview | Colliers International
PORT| 2018 PORT|
SEARCH & FORECAST RE & FORECAST SEARCH UKRAINE
RE HOTEL MARKET HOTEL
2018 | Ukraine 2
Hotel market overview | Colliers International SUMMARY * rooms number Total of SUPPLY HOTELS ENTERED HOTELS
Excludinghotels lesswith than 20 rooms № 5 4 3 2 1
( CITYHOTEL BURSA Hotel Park Favor Station Kyiv Railway ibis Kyiv Aloft expansion
Name
)
: 794:
THE KYIV MARKET IN2018 MARKET KYIV THE
56 11 6 6 1 , , 7
А , St. Koneva Polzunova ,
Kostyantynivska St. Kostyantynivska St. Esplanadna , developing AirBnB through for The market co projects,with small interesting hotels due increased therooms 2018, number of In in Kiev In 2020, hotel 2020, Peremohy atIn Ibis 55 to postponed after the r Hotel Boutique ofRiviera The opening the hotel marked room 794 rooms withstock of total ofThe four commissioning hotels B. Khmelnytskogo St. Khmelnytskogo B. ncept Address
for business .
St. .
2019.
to apartments econstruction was
is is actively commissioning of market 2018.market in
segment
’ rent’ and Category
4* 4* 3* 4*
decline over thedecline weekend. occupancy affectsthe which dynamics of visited mostly is a Kievnot tourist is capita rooms Kyiv saturation of the to Europe other Compared room about stock of room with thedifferent totalcategories includes market 2018 end of Byth the building the Aparthotel located in same City as wellAdagio asAvenue Number of Number rooms 133 280 310 ), partly), due to the thatfact 38 33
is low per 1000 rooms (4 are are opening. scheduled for
rate
on weekdays,on its and by business ~ Local management Local management Local management Sheraton Hotels & & Hotels Sheraton 100 ic Accor Hotels Accor ~
city. e Kieve hotel * hotels of with hotel 10 rooms10 800 Operator Resorts
The capital
an cities,
tourists,
.
2018 | Ukraine 3 Hotel market overview | Colliers International
mln mln
% .6 to 4
. 12 — 19 and and
Boryspil
effected effected the previousthe is that that is into Ukrainian into Ukrainian 50, respectively respectively 50,
- kings n hotel operational n 45 remained at level the remained 2018. This is 2018.
massive cancellations massive in
. quality hotels). quality - 90 and € and90 , such as Ryan Air, and theand such Air, Ryan as , cost airlines - - It may be caused by the entry thecausedby be It may positive trends
85 he numbertourists from Spain of
indicator the In 3 hotels 4 * and *, stablewas and of € (for high in introductionofThe law martial of Ukraine2018 at end the сonsequently booof hotel room mai atnegatively indicators Most foreign from tourists arrived Most Israel, Germany. and USA Belarus, T half increased more by than 19.7 persons. thousand The handled International Airport passengers higher compared to year. of low market existing ofthe growth of flight routes companies. the -
, - central central
by ~ by
(45
Kyiv 70%).
the number of number the RS
segment hotels was stable stable was foreigners visited foreigners
Thus d ). s increased by almost increased almost s by gn currency, amounting amounting currency, gn . About 300 000300 . About
to the KSCA, during the to KSCA, during the price million
.
5 * hotels increased 5 increased * hotels
mid
150 in .
€ re domestic visitors 2017, (in
to ~ Compared to 2017, the occupancy Compared 2017, occupancy the to rate 5 * hotels of 50%) In the 55 5% by occupancy increased to professional 65% with hotels (some management, located in districts reached also ADR 10% forei in we more and aboutmillion foreigners 1.5 million tourists than domestic 2.5 visitedcity the foreign tourist 20%. In the light of the 2018 UEFA Inthe light the of Champions Final League the expectations hoteliers were of confounded the foreigners during visited Ukraine match. According 1.93year million almost Kiev. 3In addition,
OPERATIONAL INDICATO OPERATIONAL
DEMAND 2018 | Ukraine 4
Hotel market overview | Colliers International
KYIV SUPPLY, ROOM HOTEL TOTAL OPERAT BY (ADR) RATE ROOM DAILY AVERAGE RATE OCCUPACY THE CATEGORY BY OFFER ROOM HOTEL Source: PROFESSIONAL PROFESSIONAL
Colliers InternationalColliers
IN IN ORS, ORS, HOTELS MANAGED MANAGED HOTELS
KYIV
& THE THE
2018 | Ukraine 5 Hotel market overview | Colliers International
,
FOR
ROOMS
CAPITA
RATE HOTEL
1000
OF
PER , : Colliers International : Colliers International RACK RATE), € Source
( THE AVERAGE STANDART ROOM
SUPPLY KYIV 2018 | Ukraine 6
Hotel market overview | Colliers International
During 2018 the During observed in The ( of gradual and 2014, increase The admitted * 3 and ~
€
2014 3 * 3 * and 4 150
recovery of reason
hotels hotels in foreign currency increase per per day . of .
45
occupancy rateoccupancy (30%
-
of 50% hotels was also
growth profitability
).
profitability increase
of of
in 2018
ADR is
gradual of shoul to the level ), and the
indicator 5 * *, 4 d
in be
ADR it’s segment then in hryvnia, the the whotourists, do practically not feel mostly local on price unlike 5 Indeed, * Hoteliers from clearly depended the But
domestic tourist difference in
d corporate budgets. If growth
segment are were rate held back
per room room per booked by booked difficult to achieve an in foreign foreign currency.in
the ho s mid price rate mostly depend depend mostly
room tels, and the size of in thisin segment demand. s foreig . the mid
cost in cost in 5 * d n hotels
2018 | Ukraine 7 Hotel market overview | Colliers International
as
is is will will
10% - rates in
additional political political Ukraine,
, due to, due for , . As well as the the as well . As actual considering considering actual d 2019 by 5 by 2019
rates
local currency local ch may affect the the maych affect dynamics. , taking into account the the , into account taking , whi growth ingrowth ’s forecasts are are forecasts
ADR ADR
An expected ofgrowth room of example, expansion the quality. services their improving and significant hoteliers,According toa increasehotel in occupancy isKiev not expecte is not influx oftourists’growth foreign expected indicator Such ofstabilization the further situation and in economic asofwell absencesharp the fluctuations in exchange rate. international and local companies localinternational and opening. be for scheduled
But
new .
take the take by too earlytoo to
It is It new room new
. It will . 2020 a range of a range 2020 operated will grow up. grow will -
d for hotels is the the ishotelsd for returning to the toreturning the Ukraine and the the and Ukraine
projects in 2019 in
new new visiting visiting
compensated the lack of high compensated lack the , provided that the number of number , provided that the
m in foreign currency have in currency m foreign Probably apartmenthotels say whether hotel projects will bringprojects will say whether hotel per revenues thereal until real profits roo 2014. reached of indicators the to the ready not is Today market yet takeup take up market to years several supply tourists occupancy rates Developers are projects ofimplementation hotel the of commissioning supply middlequality segment hotels. returnThe perio commercialamonglongest one other real segments. estate
FORECAST
2018 | Ukraine 8
Hotel market overview | Colliers International
12 11 10 № 9 8 7 6 5 4 3 2 1
THE MAIN REGISTERED HOTELS & ANNOUNCED PROJECTS AT MARKET HOTEL THE PROJECTS ANNOUNCED & HOTELS REGISTERED THE MAIN 11 Mirrors Alfavito Cityhotel Kyiv Inn Holiday Podil Hotel, Blu Radisson Blu Radisson Kyiv Hilton Kyiv Hotel Grand Fairmont Hotel Opera Hotel Palace Premier Kyiv Regency Hyatt Kyiv InterContinental
Name
Hotel, Kyiv Hotel,
5 5, St. Velyka Zhytomyrska 2a, 34a, B. Khmelnytskoho St. Khmelnytskoho B.34a, St. Predlavianska 35d, St. Khmelnytskoho B.34a, St. Chervonoarmiiska 100, 17 St. Val Yaroslaviv 22, 8 1а, Naberezhno St. B. Khmelnytskoho 53, - - 30, T. Shevchenko Blvd. Shevchenko 30, T. Blvd. Shevchenka 7/29, - St. Tarasovoi 19, Bratska St. Bratska 19, KYIV Address
- Khreshatytska St. Khreshatytska
Number of of Number rooms 229 208 164 255 262 258 137 288 234 272 49 86
Category
4 4 4 4 4 4 5 5 5 5 5 5
, ,
2018 | Ukraine 9 Hotel market overview | Colliers International
3 4 4 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 4 4 4 4 Category
58 58 65 29 20 46 44 44 35 30 63 23 28 57 75 23 43 32 35 26 53 62 130 337 273 377 186 169 451 118 264 374 157 160 368 rooms Number of
Address
Boryspilskoho Shose Okypnoi St. Malyshko St. 19, 19, Yaroslavska St. N.20, Yunkerovycha St. R. 2, Tryohsviatytelska9, St, Hospitalna4, St. Molodohvardiyska32, St. 5, V.5, Vasylkivska St. 13a, Dmytrievska St. 71d, Konstantynivska St. 31/27,B. Khmelnytskoho 5/1, HrechkoM. St. 5/24, Iryninska St. 1, Peremohy1, Sq. R. Okypnoi2, St. 1/2, Khreschatyk St. 34, 34, Konstiantynivska St. 60ab, Vozdvyzhenska St. Holosiivskyi87, Av. V.5, Kiltseva Instytutska4, St. km18 14, Kreshchatyk St. 17, Esplanadna St. Koneva6, St. Hospitalna12, St. 7a, 7a, Kostiantynivska St. 103, Stolychne Shose Hospitalna12, St. Lypska5, St. 26/1, Hrushevskoho St. 20A, Vorovskoho St. Obolonska17, Naberezhna St. Hetmana6, St. Henerala7, Vatutina St.
»
Name
»
tsionalnyi Kyiv Adria «Gintama» Premier Hotel Rus CityAir Hotel Premier Hotel Lybid «Turyst» «Dnipro» Domus Hotel Pushcha Congress Hotel Amarant Hotel GrandRoyal Hotel Ambassador Plaza Bontiak Hotel «Bratyslava» Aloft Favor Park Hotel OlympicRoyal Hotel HotelRoyal De Paris (De luxe) CityRoyal Hotel Park Holosievo Hotel City Holiday Resort & Spa Ukraina Kozatskyi Stan Kreshchatyk Mercure Kyiv Congress (Cosmopolite) Chervona Kalyna Staro Vozdvyzhenskyi «President Hotel» «Na « City Park Kyiv Hotel Visak Podol Podol Plaza Hotel Ramada Encore Kyiv
№ 45 46 47 43 44 40 41 42 38 39 35 36 37 33 34 31 32 28 29 30 26 27 23 24 25 21 22 19 20 16 17 18 14 15 13
2018 | Ukraine 10 Hotel market overview | Colliers International
* Source Probably 69 68 67 66 65 64 63 62 61 60 59 58 57 56 55 54 53 52 51 50 49 48 71 70 № 4 3 2 1
: Colliers InternationalColliers :
«Bakkara» Hotel Express 7 Plaza Nyvky City Center Ibis Kyiv «Оberih» Dvir» «Myslyvskyi Hotel Renaissance Olympiysky* Kiev Sheraton ibis Hotel Boutique Riviera BURSA Вокзал Киев ibis Mackintosh Velikaya Ekateryna Dzherelo Inn Radisson Park Impressa Plaza Nyvky Kyiv 365 « «Cooperator» Borysfen Park Vita Yamska Raziotel «Мyr» «Salut» Hotel Park West Khmelnytskyi» «Bohdan the Druz Days
completionof *
h
ba»
Name
Kiev
projects
Major hotels to complete in complete to hotels Major
willbepostponed to latera
55, V. 55, Ave. Peremohy 55, St. Sagaydachnogo 15, St. Kostyantynivska 11, 6 St. Horyva 49A St. Vyzhhorodska 51/1 Observatorna V.Vasylkivska 55 A, St. Sahaidachnoho 21, St. Hrechko 5, M. St. 1, Okruzhna Mala Av. Narodiv 5, Druzhby St. 53/80, Saksahanskoho 5, Park St. Yamska 52, 70, Holosiivskyi St. I. Mazepy 11b, St. 24G, Pushkina St. Khreschatytska Naberezhno Ireland 1, Venetsyanskyi Blvd. 38/40, Shevchenko St. Kosmosu 4, Heroiv St. Hrechko 5, M. Blvd. Shevchenko 25, Av. 25/16, Chervonozorianyi St. Slavhorodska 50, 39, Prorizna St. Prorizna 39, , Polzunova, St , Polzunova,
Vasylkivska St. Vasylkivska Druzhby Narodiv St. DruzhbyNarodiv Address
terms
2
.
019
-
2020 Number of of Number г
rooms 133 350 312 196 138 173 190 150 350 196 20 17 18 23 63 55 92 64 78 67 33 26 20 17 18 23 63 55
Category 4 3 4 3 3 3 3 3 3 3 3 3 3 3 4 4 3 4 3 3 3 3 3 3 3 3 3
FOR MORE INFORMATION
COLLIERS INTERNATIONAL VALUATION AND CONSULTING DEPARTMENT Natalia Chystiakova [email protected]
Yuliya Lebedyn [email protected]
Gulliver Bussiness Center 1-A Sportyvna Square 01001 Kyiv Ukraine The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has Tel. +38 044 499 00 00 been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this Fax +38 044 499 00 09 report. © 2019 Colliers International.
Research & Forecasting