Moscow

Hotel prices will fall after the May holidays

According to Izvestia, after the May holidays, prices for all housing (hotels, apartments, apartments) in the country will decrease by an average of 6%.

The most noticeable discounts are expected in:

InMoscowandSt. PetersburgThe fall in prices will be less significant due to business activity.

The volume of bookings from late April to mid-May decreased by 11-15% year-on-year.

The reasons are short vacations, cold weather and competition with cheap foreign destinations.

Source: https://iz.ru/, Photo: personalguide

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