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Sochi's Hotel Market May Face an Oversupply.
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Five three-five-star hotels, combined with 954 rooms, opened in Sochi in 10 months of 2026, counted by the consulting company Ricci.
In the 10 months of 2026, five hotels of 3–5 stars, combined with 954 rooms, were opened in Sochi, according to a study by the consulting company Ricci. According to the number of rooms, this represents a 45 per cent increase over the results of the same period last year. However, compared with the peak 2018, 2020 and 2022, the introduction is quite modest, as noted by the head of the consulting platform, Ricci Svetlan Schorin. However, accordin…
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