This is what Elena Kabesheva, commercial director of FIVE, a property developer, talked about at the Closed Investment Breakfast by Kommersant as part of the MALLPIC forum and exhibition, which is taking place these days in Sochi.
“Interest in investing in the hotel segment is growing not only among large companies, but also among private investors. To date, investments in the hotel format, which will be implemented in Sochi, have already exceeded 50% of the 2023 volume. And serviced apartments are becoming the most popular for investment,” the expert noted.
The head of the sales department of the developer FIVE, Sergey Nikishin, also shared his observations on trends in the field of resort real estate with market professionals during the MALLPIC session dedicated to multifunctional complexes:
“Modern multifunctional complexes are a format that allows us to provide opportunities for both short-term holidays on the coast and permanent residency. Today, the need for such projects is growing due to the increase in domestic tourist flow and requests for the service of the highest class.”