Leading Russian hotel chain represented by 3* hotels in Russia, Germany & Austria. AZIMUT Hotels was founded in 2006 and now is leading in Russian hospitality market by room stock (over 3500) outpacing all the competitors including international branded hotel chains represented in Russia. AZIMUT Hotels are focused mainly on business travelers who are demanding for the quality of services and who pay special attention to the value for money.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 AZIMUT HotelsYou | 0 | 0 | 0% | 0 | 59 |
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Russian domestic hotel bookings increased by 17.6% in 2024, with Kalmykia showing the highest growth at 63.8%. Domestic tourism now accounts for 75% of hotel bookings.
Azimut Hotels will open 120-room hotels in Tel Aviv and Jerusalem by mid-2025, subject to geopolitical conditions. The project is partially funded by European asset sales.
Russia plans to open 10,000 new hotel rooms in 2025, a record in 11 years, driven by tourism growth and government support.
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