6,000 rooms to open in Russia and CIS
Hotelsschedule 11 July 2016
RUSSIA Around 6,000 branded hotel rooms are expected to open in Russia and the CIS in 2016, according to JLL.
This is 1,315 rooms less than the amount forecasted early this year. According to JLL, the speed of hotel openings in the region has been slowing gradually. For instance, slightly over 4,000 new rooms opened in Russia and 2,800 rooms in the CIS and Georgia in 2015, which surpasses the target for 2016 openings by 8 pct and 19 pct respectively. “The 2014 result was considerably higher due to the massive hotel construction that took place in preparation for the Olympic Games in Sochi –
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