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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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