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Research

Report

Q1 2018 Moscow and the Moscow Region Hotel Market Overview


The most in demand segments of the Moscow hotel market in early 2018 were Upscale, where the occupancy reached 74%, and Economy (new segment for JLL analysis). The most inexpensive quality hotels (the average price per room in Q1 was RUB2,400) were 69% sold. Amusingly, ADR in the first quarter of the year in the Moscow Luxury segment was almost the same as for a full successful year 2017 – about RUB18,000.

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