The hotel building business in Russia is advancing in giant leaps. According to statements by the industry database provider Tophotelprojects, a total of 127 new first-class and luxury hotels are scheduled to open within the next three years. Prime hotel development areas here the capital city ofMoscow(17 hotel projects) andSochion theBlack Sea(19 projects), where the 22nd Winter Olympics will be hosted in February 2014.
Market leaders are the hotel chains Hilton with altogether 27 new hotel projects inRussiaand Carlson Rezidor with 30 new hotels in the forecast. A total of 51 new top hotels with more than 12,400 rooms are scheduled to be opened next year, and approximately 41 new first-class and luxury hotels with altogether 9,200 rooms will be added to that list in 2014. Tophotelprojects has also announced that at least nine new top hotels with around 1,700 rooms will be launched to the market in 2015 and 2016. The most recent luxury-class hotel project inRussiais the Hyatt Regency Moscow. The lifestyle-business-hotel with 297 rooms (including 40 suites) and 56 luxury apartments will open in 2015 next to the Dynamo Moscow sports arena.
InSochion the "Russian Riviera", more than 6,000 new hotel rooms will be inaugurated in the next two year. It is yet unclear which effects this enormous increase in bed capacity will have for the region after the Winter Olympics are over, but hotel investors inRussiaheard the call of President Putin and set up numerous operations at theBlack Seacoast. Yet another genuine highlight will be the Chernomorets Park Spa Hotel with gold shimmering facade, 664 luxuriously-appointed rooms and suites, and a private beach.