Business news from Ukraine

Business news from Ukraine

HOTEL OCCUPANCY IN KHARKIV – 41%, IN ODESA – 24%

10 March , 2021  

The maximum occupancy of rooms in February was recorded in hotels in Kharkiv of 41%, while in Lviv of 39%, Kyiv of 34%, Odesa of 24%, Hotel Matrix said.

“Kharkiv in February was able to overtake Lviv in all respects. Let me remind that according to the results of January, the occupancy of hotels in Lviv was 35%, in Kharkiv was 31%. In such a change of leader, one can see a manifestation of the growth of business activity. But it is necessary to clarify that in Kharkiv there is a lower offer of room stock of 2.3 ones per 1,000 inhabitants. For comparison, in Lviv this figure is 4.3 rooms, in Kyiv it is 4.5, in Odesa it is 6.3,” project supervisor of Hotel Matrix Olha Mischenko told Interfax-Ukraine.

The increase of business activity is indirectly showed by the dynamics of the average tariff (ADR): UAH 2,262 in Kharkiv (against UAH 2,222 in January) and UAH 1,707 (against UAH 1,609) in Kyiv. At the same time, the ADR of Lviv dropped to UAH 1,844 (UAH 2,236), in Odesa to UAH 1,294 (UAH 1,397).

According to analytics, revenue per available number per day (RevPAR) in Kharkiv in February amounted to UAH 925, Lviv to UAH 716, Kyiv to UAH 582, Odesa to UAH 310.

Hotel Matrix is a web-based hotel analytics product developed by specialists from Poland and Ukraine. It was launched in May 2020. Now 150 hotels are connected to Hotel Matrix.