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H1 2015 | Russia | St. Petersburg | Hotel Market

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The majority of large hotels that were due to open for guests this year were postponed to 2016. At the same time, we are seeing new investors who are interested in hotel development in St. Petersburg, Thus, the Korean company Lotte Group last year ourchased the apart-hotel project Isaakievskaya Assembly, which is a redevelopment project in the very centre of the city that has been transformed into 5* luxury hotel. The Turkish chain of elite hotels Elite World Hotels has actively started the construction of two hotels.

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H1 2015 | Russia | St. Petersburg | Hotel Market

Download Report