Motels are as one of modern America’s symbols along with the Statue of Freedom, skyscrapers and fast food. The average American drives his or her car across the country, often staying at small roadside inns. The country has thousand of motels. It would appear that this format has fair prospects in Russia given the extension […]

Burgeoning supply on the mountain-ski leisure market furthers the development of the hospitality business in this segment. Entire communities of small hotels and inns are popping up all around the slopes. Though domestic operators of winter resorts have a long way to go to catch up with their colleagues in neighboring Finland, vigorous growth of […]

Experts currently are predicting a genuine hotel boom for both Moscow, and for the regions. However, despite the significant number of ambitious new projects being proposed, there is still a deficit of hospitality industry real estate. According to Becar, the aggregate sum of all the hotel spaces in the capital shrank more than 1000 rooms […]

The ubiquitous bent for the erection of departmental hotels revealed itself some 20-30 years ago when every solid organization or corporation aspired to have its own hotel. It was more a matter of prestige than necessity. But are these sorts of departmental hotels in demand today and, if so, what sort of future awaits them?
Survival […]

At the time they were being built, Soviet-era hotels amazed people with their largesse and grandiosity; however, at the start of the 21st century, they have begun to astound in a different way, with their decrepit rooms and obsolete infrastructure. The issue is being dealt with singularly in Moscow, with the Intourist Hotel having been […]

This is a rather popular strategy of investing in real properties found in many countries. A private investor acquires a condominium at a hotel and formally becomes a co-investor of a hotel project, enjoying full rights. Later on the owner may reside in this apartment or let it out as a regular hotel room in […]

Small businesses, building mini-hotels, have long been leaders in the hotel industry in developed countries, but their presence on the Russian market today cannot be valuated due to a lack of statistics. Nevertheless, mini-hotels are rapidly emerging in conjunction with the actively developing business tourism sector in cities located in the Urals region, generating steady […]

Hostels are well-known by backpackers and budget travelers throughout Western and Central Europe, as well as many other parts of the world, as the thrifty alternative to hotels. Moreover, the governments of many countries see fit to assist in developing this area of small business. In turn, hostels are gradually making their presence known in […]

The globalization of hotel chains has several pluses, such as the standardization of services and the development of reservation systems. However, the unification of standards and designs adds convenience but reduces originality. As a result, designer boutique hotels are becoming popular around the world with people seeking to avoid the predictability of chains. However, these […]

Investors prefer to build hotels from the ground up rather than reconstruct old buildings. Urals hotels built during the Soviet-era have long become obsolete; they are tatter-worn and most certainly do not fit into any classification. Meanwhile, the demand for quality hotels in the region is on the rise. Accordingly, local and outside investors have […]