According to the Department of Coordination of Construction of the Hotels, it’s about 40 new budget hotels will be built up until 2013. The hotels won’t be started from point zero, some city hostels will be just
«The program of the reconstruction of some hostels with the purpose to
According to the experts, there is a great necessity of budget accommodation in Moscow. The businessmen prefer to build 5 star hotels instead of budget 3 star ones. It can be explained by the low profitability. The hotel of the average category can be repaid only in 10–15 years.