Room sales at Russian hotels in October decreased by 60%, according to a study by the OFD Platform IT company. The average purchase check (including prepayment and additional hotel services) amounted to 3,395 rubles, which is 6% lower than last year. In September, sales were 41% below last year’s level. The average purchase receipt was 3,490 rubles, 9% lower than last year.
Experts of Platform OFD explained the decline in sales in the hotel sector is a consequence of the introduction of restrictive measures in the context of pandemic. With the development of remote formats of work, the volume of business trips and, thus, hotel sales sharply decreased. In addition, some players in the hotel sector, primarily mini-hotels, have not resumed their activities after the business was stopped in the first half of the year.
