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H1 2016 | Russia | St. Petersburg | Hotel Market

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As of year-end 2016, the St. Petersburg hotel market accounted for 149 hotels, with the room supply of 20.6 thousand rooms (excluding mini-hotels, departmental hotels, and hostels). The share of rooms managed by international hotel operators amounted to 43%. Domestic tourism is on the rise. The number or Russian citizens who visited St. Petersburg in 2016 increased by 14% in comparison with 2015. For three years in a row the hotel occupancy rate had been increasing. The average occupancy rate in 2016 amounted to 68%, which is 4 p.p. greater than the previous year’s figure.

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H1 2016 | Russia | St. Petersburg | Hotel Market

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