Today the Russian capital is top priority for hotel developers who are attracted by the results of the first-comers. The still limited hotel supply and Russia’s growing appeal to businessmen have caused average daily rates to explode. To the obvious shortage of rooms fitting international standards may be added the ongoing renovation of the Soviet-era supply. In order to confront this shortage and develop leisure tourism, the city is backing many projects that should make Moscow one of the major destinations of the 21st century.
What is the "hottest" hotel market in the world? Just ask hoteliers, most will say: Moscow. No doubt. More than 30 million travelers go through its three airports Sheremetyevo, Vnukovo and Domodedovo. Year after year this figure has grown by 15%. All Russia’s indicators are positive: the financial...
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