In 2015, 536 hotels and other facilities gained 183.1 million manat, which is 1.1% more than in the previous year.. In general, their income fell by 22.5 million manat, the State Statistics Committee said.
In 2015, the overall cost of hotels totaled 171.7 million AZN, 24.6 million manat more compared to 2014.
Last year, the share of hotel rooms was 63.3%, and services for drinks and food were 23.8% of the hotel revenue.
One-third of the total number of one-time capacity of hotels (38.5 thousand) accounted for a share of Baku. In the regions, the highest concentration of hotel facilities is available in the resort region of Khachmaz (16.5%).
In Azerbaijan, 31 hotels have been awarded five stars, 70 hotels - 4 star s and 29 hotels - 3 stars.
It is noteworthy that in 2015 the total number of employees of hotels decreased by 645 and was 8,364 at the beginning of 2016. Their average salary was 521 manat per month last year. --- 08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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