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Baltic countries: growing tourism encourages new hotel constrution projects.
Monday, 3rd March 2014

The tourism in the Baltic countries is flourishing: cheap flight and a good cost-benefit ratio encourage the inflow of tourists and thereof the construction of new hotels; Accor, Hilton and Wellton Hotels are building new properties.

Especially the Latvian capital Riga is very popular among visitors. Lots of new hotels are in the pipeline in the Baltic countries’ metropolises Riga (Latvia), Tallinn (Estonia) and Vilnius (Lithuania).

According to TOPHOTELPROJECTS, the worldwide leading provider of global b2b hotel data, the Baltic hotel chain Wellton plans two new properties for Riga in addition to the five hotels which are already in operation. 

4Hoteliers Image LibraryThe next opening will be in December: Wellton starts the operation of a 180-room property with spa and conference facilities in Riga.

With this hotel the group will own 500 rooms in the Latvian capital. During the summer time most of the hotels are fully booked; in the winter the average occupancy is about 40 percent.

According to the average price for an overnight stay in Riga is 69 Euro – in comparison just Vilnius is cheaper than the other European hotel markets. 

At the airport in Riga a new hotel will arise with 280 rooms; openings are scheduled in April. Accor plans the inauguration of a Mercure Hotel in Riga (143 rooms) in May.

Another business hotel with 200 rooms is expected to open early next year in the Latvian capital.

Further a Hilton Hotel with 202 rooms will probably open early 2016 in Tallinn (capital of Estonia).

Further information:

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