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The evolution of the hotel industry in Russia was shown to be associated with both macro- and micro-economic issues. It was also determined that the infrastructure of land transportation, the regulatory system for travel and tourism, and Russia’s bad public perception are the main factors impeding the growth of the hotel industry in the nation.
The abundance of natural and cultural resources is one of Russia’s tourism industry’s primary competitive advantages. Changes in the labour behaviour of hotel staff, such as their high degree of mobility, readiness to visit many regions of Russia and the world, and brief tenure within the organisation, were identified.
The Russian hotel market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The launch of a high-end lifestyle hotel in Russia operating under the SO/ Hotels & Resorts brand has been announced by Accor. Hotel to be built in Poklonnaya 9 complex in partnership with Ant Development, Real Estate Company. In one of Moscow’s most prominent capital districts, a new apartment complex and a designer hotel will satisfy the highest standards for luxury real estate.
Leading New York-based architecture and design firm Rockwell Group will create the hotel’s public areas and guestrooms. There will be a range of amenities available at SO/ Moscow, such as pubs, lounge areas, coworking spaces, and restaurants.
A fitness centre with a panoramic pool, yoga studios, functional training rooms, and a spa are among the leisure and wellness amenities that are additional features.Like the real estate projects of Ant Development, SO/ Hotels & Resorts blend dynamic style with refinement to create hotels that embody the local atmosphere and are truly works of contemporary art, each with its own distinct personality.
His luxury brand will give the Moscow location a French-infused appeal and an upscale atmosphere. It is well-known for its avant-garde design, high fashion inspirations, and trend-setting events.