The volume of new hotel rooms put into operation in Moscow by the end of 2025 may almost double to 1,170 rooms.
“We expect a record this year. The number of rooms planned to open in 2025 is 1,170, which is 85% more than the level of 2024. Of these, 51% of the rooms are in hotel chains“, said Ksenia Alexandridi, head of the strategic consulting department at IBC Real Estate.
According to her, since the beginning of the year, 225 new rooms have been put into operation in Moscow - this is 36% more than the same indicator last year. Currently, the supply volume is at the level of 30,300 rooms. Russian operators dominate in terms of supply volume.
“The occupancy rate of rooms is 63%. For us, this figure is high and acceptable for operators. By the end of 2025, we expect occupancy to be at the level of 70%“, the expert predicts.
The average price per room shows an increase. According to the results of January 2025, it amounted to 12,100 rubles per day. This is 17% more than last year's level. The luxury and economy segments are leaders in price growth.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be seen HERE