Russian Accommodation Industry Outlook to 2016: Market Profile

Synopsis

The report provides market analysis, information and insights, including:

• Description and market outlook for accommodation industry in Russia
• The industry structure and competitive landscape of accommodation industry in Russia
• Historic and forecast market sizes covering the accommodation industry in Russia
• Detailed market classification across accommodation industry

Summary

Russia is recording a strong economic recovery, with its GDP anticipated to grow by around XX% in 2012. The services sector is expected to contribute significantly to the recovery process, and Russia’s accommodation industry has evolved gradually over the last decade, with investments in the region resulting in the expansion of existing hotels and the opening of new ones. Foreign direct investment in Russia has increased dramatically since 1995, driving industrial activity and employment growth. Other structural economic changes such as improvements in airport and road infrastructure have resulted in increased demand for hotels. The US is the primary source of foreign investment in the country, while Canada accounts for around XX% of total FDI, demonstrating the significance of North American sources for investment in Russia. The country’s stable economy, favorable investment environment with low economic and financial risks, and strong peso compared to the US dollar are attracting many North American investors to the country.

Scope

This report provides an analysis of the accommodation market in Russia:

It details historical values for the accommodation industry in Russia for 2007-2011, along with forecast figures for 2012-2016

It provides top-level analysis of the accommodation market, as well as individual category values for both the 2007-2011 review period and the 2012-2016 forecast period

The report profiles the top travel and tourism companies in Russia

Reasons To Buy

• Take strategic business decisions using top-level historic and forecast market data related to the accommodation industry in Russia
• Understand the demand and supply-side dynamics within the accommodation industry in Russia
• Assess the competitive landscape in the accommodation market in Russia