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Hotels in Moscow have been revealed as the world’s most expensive for a fifth consecutive year.


The world's most expensive hotels


2009 Arr (GBP)
2008 Arr (GBP)
Moscow
£266.56
£303.39
Abu Dhabi
£223.35
£191.21
New York City
£203.70
£223.44
Paris
£201.07
£201.09
Manama
£189.36
£170.17
Milan
£185.73
£194.35
Geneva
£185.19
£179.07
Copenhagen
£182.74
£174.68
Washington
£179.53
£170.19
Athens
£177.81
£171.81

However , in our opinion as IFK Hotel Management Team, Although the ARR is quite high in Moscow, however, as not for Moscow for all Russia, the total hotel supply is quite low compared to the other cities on the list. Not to mention the proportion of branded hotels in comparison with the non-branded ones. For the investors who might like to take advantage of this situation and define their Russia strategy, we already posted number of opportunities in the very same blog, hotels that can be managed under IFK HM and branded as Tulip Inn (3* Stars) and Golden Tulip (4* Stars).

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