Country overview: Russia to grow hotel offering by 63 properties [Infographic]
Russia’s hospitality market is set to be boosted by the arrival of 63 new hotels, the TOPHOTELPROJECTS construction database reveals, with some big names preparing to launch exciting properties in the country.
According to our findings, 63 new hotels with 12,990 rooms will open in Russia in the coming years. We learn more about these upcoming launches.
Steady rate of new openings
Before 2020 runs out, another 13 properties will open their doors in Russia and bring 3,080 new rooms. Nine of these hotels are currently in the pre-opening phase. 2021 will add 19 new hotels with 3,938 keys.
Things will slow down in 2022 with only six projects and 1,044 rooms scheduled for completion. 25 hotels are on the books for 2023 and beyond.
40 of Russia’s 63 new hotels will fall into the four-star segment, while the other 23 will be in the five-star luxury category.
Russia’s top five urban hotel markets
The country’s capital, Moscow, heads up the list of Russia’s most vibrant urban hotel markets with 15 projects and 3,398 rooms. The popular tourist destination of St Petersburg, by way of comparison, will get seven new hotels with 1,567 rooms.
Rostov-on-Don, one of the largest cities in southern Russia, as well as Siberian duo Omsk and Tyumen will all get four new hotels.
Hotel brands quickly expanding in Russia
DoubleTree by Hilton takes the lead in terms of Russia’s fastest-growing hotel brands with five ongoing projects and 911 rooms. Novotel and Hampton by Hilton come next with four properties each and 754 and 523 rooms respectively.
Hotel projects to watch in Russia
The Imperial Resort & Casino in Vladivostok is Russia’s largest ongoing hotel development project, our research indicates. Slated to open in Q3 2020, this property will offer 725 well-appointed rooms, a modern casino, six bars and restaurants as well as a shopping gallery.
In Moscow, the 65-room Mandarin Oriental will open its doors early next year, welcoming guests to a luxurious abode in the nation’s capital. Set in a prime location on the Sofiyskaya embankment in the heart of the city, it will face the Kremlin and offer travellers easy access to several of the country’s most famous sights.
With the launch of Fairmont Moscow, moreover, the city will add yet another renowned five-star brand to its repertoire. The 142-key property will open in early 2021 and offer guests luxurious rooms and apartments right on Tverskaya Street. This hotel’s style will follow the innovative serviced apartment concept that Fairmont has previously employed at properties in Tokyo, London and New York.
According to the TOPHOTELCONSTRUCTION online database, 63 hotel projects are currently in the pipeline in Russia:
Many TOPHOTELNEWS articles draw on exclusive information contained in the TOPHOTELPROJECTS construction database. This subscription-based product includes the details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from the records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks active projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers new builds, extensions, refurbishment and conversions.