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Research

Report

2017 Moscow and the Moscow Region Quality Hotel Market Overview


In 2017 Moscow’s quality hotels have set a new 6-year record – 74% of the room stock was occupied which is 1.9 ppt. higher compared to the last year’s results. While branded supply exhibited substantial growth by 1,900 rooms, ADR increased by 2,2 (up to RUB 7,600). Occupancy growth accompanied by increase in ADR allowed for a 4.5% RevPAR gain (to RUB 5,500). Upper Midscale segment with 78.5 % occupancy took a leading position in 2017.

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