The capital's hotels fell sharply. But remain expensive

Nedvizhimost07-08-2009 capital's hotels fell sharply. But remain expensive to notice how many times the experts, tourists - those few for whom the crisis could be beneficial. Significantly decreased rates for all travel services, including accommodations. Much cheaper, even Moscow hotels. However, they still remain among the most expensive in the world, primarily because prices for guest accommodation in the Russian capital were almost 2 times higher than the European average. Falling prices for hotels in Moscow, primarily due to a decrease of tourist flow to Russia's capital, told the company Bigness.ru Blackwood, prepare an overview of commercial real estate market in the first half of 2009. Moscow hotel occupancy rate in the first half of this year decreased compared to the same period last year. For example, the occupancy rate of budget hotels for the period amounted to only about 40% against 75% a year earlier. Loading hotels middle class was about 45% against 74%. Also fell substantially figure income on the number (RevPar) - 35% and 49% respectively. Due to the crisis level of income per capital number of hotels began to fall at a record pace, although in recent years Moscow has been one of the leaders in the growth of this indicator.