Hilton Worldwide (HLT) is set to open 29 new hotels in Russia, more than doubling its presence in the country.
This morning, the hotel company tweeted "today, we have 21 hotels open across the country, and have signed another 29 to open!"
It is unclear exactly when these hotels will begin operating.
"Russia has been one of our main focus markets for several years," Hilton Global Head of Focused Service Brands Phil Cordell said in a statement. The company opened its first two hotels in Russia in 2008.
This year, Hilton opened three hotels in Russia and is expecting its next, Hampton by Hilton Volgograd City Centre, to open its doors sometime in December. In 2017, the company plans to open properties including the Hilton St. Petersburg ExpoForum, the DoubleTree by Hilton Moscow Vnukovo Airport and two Hilton Garden Inns in Novorossiysk and Orenburg.
Hilton's expansion in Russia comes in the wake of a deep recession in 2015, when GDP fell by 4%, hurt by a combination of falling oil prices, international sanctions, and structural limitations, according to the CIA's World Factbook website. The Central Bank of Russia expects 2016 GDP to decline by 0.5% to 1.0%, according to the CIA.
Cordell said Hilton has been focusing on opening its Russian properties in the country's largest cities. Hotels in cities with populations of about 1 million people will have between 120 and 195 rooms.
In Moscow, home to almost 12 million people, hotels have more than 270 rooms, according to Cordell. It is unclear how many hotels are currently located in Russia's capital city.