• World Cup revpar boost for Russia

Moscow’s hotel industry is projected to see growth in the range of 20% and 30% in revpar during June and July 2018, according to STR and Tourism Economics.

A revpar increase in that range would be less than the growth seen in Rio de Janeiro and Johannesburg, key markets for the previous two FIFA World Cup host countries. While occupancy is likely to grow between 8% and 10% to absolute levels just under 80% during the World Cup months, Moscow’s average daily rate is projected to increase between 15% and 20%.

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