• May and June showed insignificant upward movement, but the market is still at historic lows.
  • Average daily rate (ADR) in the H1 showed a 5% decrease compared to the same period last year, amounting to about 7 thousand rubles.
  • Occupancy of Moscow hotels for 6 months made 35%, that is 38 p.p. (or 52%) lower than in the same period last year.
  • RevPAR showed an average decline of 54% across the market in H1 2020.
  • No new international hotels entered Moscow hotel market during H1 2020.