Market Report: Baku

Gergely Bálint, of Horwath HTL Hungary has written the latest market report on Baku, the capital city of Azerbaijan.

Baku has more than its nine ‘climate zones’ and oil industry to boast about at the moment. Hotel development is booming as the market begins to appreciate the economic upside offered by tourism.

Diversification of hotel products to attract more leisure travellers to the country, extends the booking period and minimises the reliance on corporate travel.