As of 2017 the Moscow hotel market total stock amounts to nearly 49,400 rooms (excluding hostels and mini hotels). Furthermore, 34% of the total room supply is made up of hotels managed by international operators. Eight hotels under international brands with a total number of 1,884 rooms were opened during 2017. Thus, the quality room stock has increased by 12% over the year. The growth of the new supply volume is largely based on the upcoming 2018 FIFA World Cup. More than a half of hotels opened in 2017 belong to the Upscale price segment.