Ostrovok Valuation Estimated at 20-30 Billion Rubles Amid Tourism Boom
Experts value Russian hotel booking service Ostrovok at 20–30 billion rubles. A potential sale comes as the tourism sector sees strong growth, with collective accommodation revenues up 16% YoY, exceeding 1 trillion rubles.
Industry experts estimate the valuation of Russian online hotel booking platform Ostrovok at between 20 and 30 billion rubles. The potential sale of the asset is taking place against a backdrop of robust growth in the tourism services market in 2025.
According to official data, revenues from collective accommodation facilities—including hotels and inns—rose 16% year-on-year, surpassing the 1 trillion ruble mark. The positive market dynamics are seen as a favorable factor for the transaction.
Source: MarketTwits