The minister of resorts, tourism and the Olympic legacy of Krasnodar Territory, Yevgeny Kudelya, told reporters that hoteliers in the region aren't ready to keep the prices for recreation at the same level, as consumers are showing "crazy demand". The official also added that when the tourist season is in full swing the demand exceeds supply several times.
It is worth noting that, according to the Ministry of Tourism, Kuban hotels were more than 70% occupied in the summer of 2015, and during the New Year holidays the mountain cluster in Sochi was up to 90-100% occupied, RBC reports.