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Capsule Hotel Means Revolution in Costly Moscow

By Henry Meyer & Stepan Kravchenko - 2013-02-13T10:13:26Z

Photograph by Ritz-Carlton via Bloomberg

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Ritzy $500

The five-star Ritz Carlton, which opened in 2007 a stone's throw from the Kremlin, offers a room for as little as $500 in late July on its website -- a discount of more than 50 percent from the rack rate.

Left, the interior of Moscow's Ritz-Carlton hotel.