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Novosibirsk Hotel Market Update - October 2014

Novosibirsk is the geographical centre of Siberia and the largest industrial, cultural, scientific and administrative city in the Siberian Federal District. It is the 3rd largest city in Russia with a population of over 1.5 million. Novosibirsk is a huge multimodal transportation air and railway hub. The city is a cross-over point for the West-Siberian railway, Chelyabinsk-Irkutsk (Baikal) and Novosibirsk-Tashanta (Chuisky Trakt) federal highways; international, federal and regional air routes and the navigable river Ob. The major city hotels are mostly located on the right bank (central) part of the city where most of administrative buildings, major corporate offices and city ‘attractions’ are located.

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