Kyiv hotel occupancies dropped by one percentage point during the first half of last, to 48%

Monday, August 12, 2019
Kyiv hotel occupancies dropped by one percentage point during the first half of last, to 48%

Kyiv hotel occupancies dropped by one percentage point during the first half of last, to 48%, reports Jones LaSalle. The real estate consultancy blamed the drop on the fall in business travel after December’s martial law and a travel spike last May for the Champions League football final. in Kyiv. The average rate for staying in top-end hotels in January-June 2019 fell by 15% compared to the first half of last year, to $153 per room. For mid-segment hotels, the rate fell by 11%, to $69. At the same time, the occupancy of top hotels fell to 43%. For middle hotels, occupancies rose by 1.5 percentage points, to 53%. Depressing the city’s hotel business, Airbnb has over 9,000 listings for Kyiv.

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