Limited Hotel Pipeline in Poland and Ukraine in Run Up to UEFA 2012

STR Global has released details of its latest hotel pipeline report on Poland and Ukraine in light of the upcoming UEFA European Football Championship taking place between from 8 June to 1 July 2012.

By the summer, hotel inventory is expected to increase by 9.4% in Wroclaw, Poland, 8.7% in Kiev, Ukraine, and 1.7% in Warsaw, Poland, compared to the previous year.

No additional branded supply is expected in Gdnask and Poznan, both in Poland, before the start of the tournament.

The daily room inventory of the hotel cities will stay below that of the past host cities such as Amsterdam, Vienna, Brussels, Belgium, and Lisbon, Portugal.

"The limited supply increase, the media coverage of the event and the hospitality experienced by the teams and the supporters should benefit the host cities," said Elizabeth Randall, managing director of STR Global. "This is highlighted in our latest forecast for Warsaw, predicting occupancy to reach 80.1% in June 2012 compared to 77.7% the previous year, and average daily rate to reach PLN 350.41."

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