Hotels in Yekaterinburg Russia Reporting Positive Gains

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Situated in central Russia to the east of the Ural Mountains, Yekaterinburg is the fourth largest city in the country and a centre for heavy industry.

While the 44.1-percent increase of year-on-year growth in occupancy for Yekaterinburg reflects a very low base year for comparison, Moscow and Yekaterinburg also recorded increases in average daily rate (ADR) whilst St. Petersburg saw a decline in ADR of 0.2 percent.

This is due in part to increases in supply from five new hotels comprising 1,455 guestrooms that opened in market during 2010 as well as the recent openings of the W St. Petersburg (137 guestrooms) and Crowne Plaza St. Petersburg Ligovsky (195). The city's actual occupancy of 43.1 percent for the year-to-May 2011 reflects both this bump in supply as well as the seasonality of trade with the high tourist season of summer yet to come. 

Year to May 2011 hotel performance (Roubles)

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