KIEV, June 16 – Kiev is among the worst Central and Eastern European capitals in terms of the supply of hotels per 1,000 residents, according to CB Richard Ellis (CBRE).
"The indicator for Kiev (2.9 rooms per 1,000 residents) takes into account the supply of all hotel rooms, most of which is considered a depreciated fund," said CB Richard Ellis strategic consulting and analytics director Maryna Krestinina.
The company said the number of hotels and the general room fund in Kiev are slowly growing. In the first five months of 2011 no hotel was commissioned in Kiev, and in 2010 two small hotels were commissioned, in particular, the Royal City Hotel three-star 20-room hotel on Dmytriyivska Street and Nyvky Plaza three-star 25-room hotel not far from the KievExpoPlaza exhibition center.
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