About past, present and future of Ukraine

Search mobile

Main Business — Ukraine's hotel occupancy in January 2021: L'viv outclasses Odessa

Business

Ukraine's hotel occupancy in January 2021: L'viv outclasses Odessa

19 Feb, 2021
281
Ukraine's hotel occupancy in January 2021: L'viv outclasses Odessa

Share this article


The occupancy of Ukrainian hotels in January 2021 was: L'viv 35%, Kharkov 31%, Kyiv 23% and Odessa 19%, according to a report by Hotel Matrix, firm dealing with analytical data of the hotel market in Ukraine.


During the lockdown, many hotels temporarily closed and did not work. Among those who continued to work, the best occupancy results were achieved in Kharkiv and Kyiv with a pronounced tendency to higher occupancy – up to 40% - on business days.

Olha Mischenko, Hotel Matrix Project Manager

According to Hotel Matrix analysts, L'viv holds the lead for the second month in all indicators. The Average Daily Room Rate (ADR) of the city is almost equal to Kharkov (UAH 2,236 compared to UAH 2,222). At the same time, as for RevPAR (Revenue Per Available Room), Lviv was 14% ahead of Kharkov with UAH 781. ADR in Kyiv hotels was UAH 1,609, Odessa only UAH 1,397. RevPAR was UAH 370 and UAH 269, respectively.

Lviv reached high occupancy levels not only during the Christmas holidays, but also after the lockdown period. The minimum occupancy value of 10% was recorded on January 10 and 17 in Odessa; the highest was 76%, on January 2 in L'viv.

Olha Mischenko, Hotel Matrix Project Manager

The bad performance of Odessa reveals how better is the tourism business model of L'viv. Both cities have an impressive cultural heritage, which can attract cultural tourists in low season. Moreover, it is worth underlying that Odessa was less affected in terms of infected people by Covid-19 epidemic and winter in L'viv is much colder.


Source: Interfax-Ukraine


The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...