Prices for Minsk Hotels fell by 15% in 2014 due to competition

The number of hotels in Minsk is increasing which forces the hotels to reduce the prices. In 2013 the hotel prices fell on average by 13%, and in 2014 - by 15%. BELTA learned this from the acting Head of household and hotel services of Minsk Executive Committee, Yury Natychka.

Profitability of the capital's hotels is less than 1.5%

Currently, there are 44 hotels working in Minsk with 9320 rooms. In 2014, half of them was empty. In 2015 it is planned to open 8 more with occupancy going down to 40%. At the same time, the current profitability of the Minsk hotels does not exceed 1.5%.

The Department for Sport and Tourism of the Minsk City Executive Committee previously stated that the hotel occupancy in the summer was 50%. According to the editor of Tourism and Recreation, Liliya Kobzik, hotels, built for the World Hockey Championship in the summer, were occupied only by 20-40% depending on the prices.

In total, for hockey competitions in Minsk it was planned to build 14 new hotels. But not all of them were finished: Kempinski Hotel near the circus was never opened. Later, the company said that they were not building the hotel in Minsk. Kempinski: We are not building a hotel in Minsk.