Art Build Hotel Group Company has completed the annual survey of hotel real estate market of Kiev, during which relied on its own methodology, statistics and analysis criteria.
The results showed that in September 2013 the number of hotels in Kiev increased by ~ 12 % comparing to the same period in 2012 (not included departmental hotels, small hotels less than 20 rooms, hostels, health centers and other accommodation facilities that do not meet modern standards).
The largest share of the Kiev market (43 %) has economy segment (2*), upscale facilities (upscale-luxury, 4-5*) have only 16%, midscale category (3-3+*) represented by 25%.
On September 2013 the average room rate of Standard category (DBL, B&B) in budget hotel segment was $59 per day, economy – $95, midscale – $183, in upscale – $357 and luxury hotels – $500.
Today in Kiev represented more than 20 hotel projects that are on various stages of implementation. It is expected that in the next 3-4 years in Kiev will be opened hotels under brands that have not yet represented, among them: Swissotel, Hilton, Renaissance, Sheraton, Aloft, Best Western Plus, Azimut. Also Rezidor hotel group, already operating in the region, will expand lineup by opening hotels under the brand ParkInn.
The total volume of hotel room capacity in Kiev will increase on 23,2% by 2017, if announced hotel projects will be implemented. The largest increase – 200% – is expected in the segment of upscale hotel category.
For more information about hotel market of Kiev: number of rooms, structure, cost of accommodation, dynamics of development and much more contact with ABHG specialists.
