Riga, Latvia: Are Too Many New Hotel Rooms Checking In?

Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
  • February 10, 2006
  • By Jakob Forstnig , Lasse Ristolainen

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Summary

Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
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