Russian World Cup hotel construction program slashed

Russian World Cup hotel construction: Authorities in Russia are getting ready to slash  the number of hotel rooms it was planning to build for the 2018 World Cup  by 40% and its investment in  hotel projects from RUB65.5bn to RUB39.5bn. Plans for 25 hotels are to scrapped and a further nine modified. The change of heart has been attributed to a combination of the current economic crisis and fears that there will be too many empty rooms to fill once the World Cup circus has left town. 



Source: Kommersant