From 2022 to 2024, the revenue of Ukraine’s hotel industry grew by an impressive 440%, reaching ₴44.4 billion, according to the Vkursi Market BI report. The highest revenues among Ukrainian hotels in 2024 were generated by the 30 most successful companies, which together earned ₴8.5 billion.
This is reported by Бізнес • Медіа
Leaders of the Hotel Market
In 2024, the largest revenues were generated by hotels in the capital, which earned ₴28.1 billion. Kyiv remains the center of business activity and numerous business events. Ivano-Frankivsk region ranks second with a total revenue of ₴5.1 billion, thanks to a large number of popular vacation spots. Lviv region earned ₴4.9 billion, Zakarpattia – ₴1.3 billion, and Odesa region – ₴939 million.
Decline in Revenues of Individual Companies
Among all hotel operators, the company “Parktur” from Ivano-Frankivsk stands out, as it was the only one to exceed ₴1 billion in revenue. It manages most of the hotels in “Bukovel.” At the same time, a 64% decline was recorded compared to 2023, when the company’s net income reached ₴2.9 billion.
Currently, there are 3,017 registered enterprises in Ukraine engaged in the hotel business and various forms of temporary accommodation. In 2022, the industry’s revenue was ₴8.2 billion, and in 2023 – ₴15.3 billion, representing an impressive growth of 86%.