Hotel market Q2 2021

The main trends of the travel season H1 2021

The number of tourists on New Year's Eve 2021 was 10 times lower than usual due to the December ‘anti-COVID’ restrictions. The May weekends, when 280,000 people visited the city, slightly improved the situation on the market. The UEFA EURO 2020 did not create a rush of demand for accommodation facilities in the city. • Hotel occupancy is still considerably below the ’pre-COVID’ level of 2019: an average of 30% to 50%. • Pulkovo Airport passenger traffic for the last six months made up 7.5 mln people (−15% to H1 2019).

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According to the results of H1 2021, there were 232 hotels with 24,615 rooms in St Petersburg. 36% of the total room stock were operated by international hotel operators. 3 new local operated hotels with 222 rooms were opened in H1 2021.

The Cortyard Mariott Vasilievsky Hotel changed operator in the first half of the year and is currently local operated under the brand name River Palace Hotel, a 4-star hotel. 4 accommodation facilities with a gross room stock of more than 340 rooms are to be opened in H2 2021.

The May weekends, when 280,000 people visited the city, slightly improved the situation on the market. The UEFA EURO 2020 did not create a rush of demand for accommodation facilities in the city. • Hotel occupancy is still considerably below the ’pre-COVID’ level of 2019: an average of 30% to 50%. • Pulkovo Airport passenger traffic for the last six months made up 7.5 mln people (−15% to H1 2019).

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According to the results of H1 2021, there were 232 hotels with 24,615 rooms in St Petersburg. 36% of the total room stock were operated by international hotel operators. 3 new local operated hotels with 222 rooms were opened in H1 2021.

The Cortyard Mariott Vasilievsky Hotel changed operator in the first half of the year and is currently local operated under the brand name River Palace Hotel, a 4-star hotel. 4 accommodation facilities with a gross room stock of more than 340 rooms are to be opened in H2 2021.