Interfax-Real Estate / Less than a third of Moscow’s hotel stock remains under the management of international operators

21 November 2023, 13:34

Moscow. November 21. INTERFAX-REAL ESTATE – The share of hotel rooms managed by international operators in Moscow has decreased by half, Olga Shirokova, regional director of the consulting and analytics department of NF Group, said on Tuesday.

“In Moscow, there is a significant change in the number of rooms managed by international operators. We have lost 50% of the number of rooms. 30% remain under international management, and it was 60%,” Shirokova said.

She emphasized that, according to her expert assessment, in the regions of the Russian Federation this share is noticeably lower – about 7-10%.

Speaking about the departure of international hotel operators, the expert noted that the market tolerated it well.

“Part of the fund was transferred to online Russian players. The market survived the transition calmly,” Shirokova said.

Speaking about the prospects of the market, she noted that the main events in this market will develop in the regions of the Russian Federation. This applies to both the commissioning of facilities and the doubling of tourist flow.

Let us remind you that the industry growth forecast in the Russian Federation is 140 million placements per year. At the same time, 40 thousand numbers may be added in Russian regions.

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