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Krasnaya Polyana Hotel Market Update - October 2014

There are essentially three mountain resorts in Krasnaya Polyana – Laura (Gazprom), Rosa Khutor and Gorky Gorod. Significant ski and winter sport facilities were developed for the Winter Olympic Games and Russia now has a world class facility in this area. Clearly questions are posed over the massive over supply of hotels and apartments and how to combat seasonality – especially given the significant new room stock in the coastal cluster.

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