According to EYs annual market research on hotels in Russia, there were 179 hotels under international management operating in the region in October 2017 with a total room stock of 38,705 keys. Moreover, nine new branded hotels (1,575 rooms) were opened in January October 2017, compared with 13 hotels with a total room stock of 2,458 keys commissioned in Russia in 2016. The report provides detailed statistics in this area.
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More than half of the existing room supply is concentrated in Moscow and St. Petersburg (52%), followed by Sochi (11%), the Moscow Region (6%), Ekaterinburg (3%), and other locations. It is planned that by 2022 the number of hotels under international management will increase by 102 new properties (20,249 rooms).
Thus, if by 2022 all announced hotels open, the number of hotels in Russia will reach 281 (58,954 rooms), located in 59 cities.
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The largest market share (80%) is divided between five chains: Accor Hotels, Hilton Worldwide, Marriott International, Carlson Rezidor Hotel Group, InterContinental Hotels Group.
