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Hotels & Restaurants Guide

Moscow Ritz Carlton owners eyeing the acquisition of the neighboring National Hotel

Moscows legendary National Hotel, listed among the nations objects of historical and architectural heritage that only changed its ownership in 2011, may soon be up for sale again...

Moscow Hotels capital renovation will require over 16bln rubles of investments

The reconstruction plan envisages building of a new, 185,500sqm, mixed-use complex that will house a 180-room luxury suite hotel, 46 residences, shopping center, etc...

 

Moscows Transstroybank in the near future plans to build 20 hotels across Russia

Transstroybank President Petr Chitipakhovian said he plans to build up to 20 hotels across Russia in cooperation with the Marriott chain...

St. Petersburgs Talion Hotel to undergo pre-sale preparation under Marriott management

This step, experts say, will help the owner, who has placed the hotel on sale, to profitably sell it, as this move will increase the asset's value in the eyes of future buyers...

Issue: March 2012, Vol. 7, No.3     Author: Irina Kozlova
Tags: Talion
 

State buildings evacuated by government agencies in Moscow to become hotels

Marat Khusnullin, the deputy Moscow mayor overseeing urban policy, said the move will free the center of traffic jams and eliminate hotel deficit...

Moscow and Russia as a whole on the threshold of the dawn of a floating hotels boom

Today, it seems this trend is not limited only to Moscow, because, according to experts, Russia will have about 150 hotels on water by 2015...

 

St. Petersburg's famous Astoria Hotel to be sold into private hands in October

The new starting price for the October auction will be 1.5bln rubles. The sale of the hotel is part of the citys privatization program...

Hyatt Regency Hotel to open in Sochi as part of its preparation for the 2014 Olympics

Commenting on the agreement, Snegiri Development CEO Sergei Demin called the project a top priority, which will become the center of Sochis resort life...

 

Robust growth in investor confidence boosts hotel market recovery in the EMEA region

At least, that is the obvious conclusion that can be drawn from the upbeat results of a study of investor sentiments in the EMEA hospitality sector...

Ararat Park Hyatt Moscow to host Kings and Heads of State Chefs summit

The event will be attended by Kremlins Chef Jerome Rigaud, U.S. President Barack Obamas chef Cristeta Comerford and the chefs of other influential world leaders...

 

Binbank president intends to become a Moscow Hotel co-owner

The funds received from Binbank's CEO will be used to buy off the U.S. perfume magnate, Ronald Lauder, who has decided to exit the joint venture...

National Hotel in government's official privatization plan for 2011-13

The details of selling the historic hotel are contained in a resolution, which says the decision was taken in order to raise additional revenue in the citys budget...

 

Marriott Moscow Royal Aurora collects series of awards for quality service

Commenting on these awards, Bert Fol, hotels general manager, noted that these awards serve as a great impetus to staff to work further and become guests No. 1 hotel...

InterContinental Moscow Tverskaya to replace former Minsk Hotel in central Moscow

The Hotel InterContinental Moscow Tverskaya, slated for opening later this year will be a real Russian-styled hospitality facility...

 

Hotel Ararat Park Hyatt Moscow readies its Conservatory Bar for summer operations

The facilitys white tents protection from the sun and its natural wooden floor really make it look like a deck of a cruise ship...

A change of ownership at Moscows elite Ritz-Carlton Hotel

The buyer is reportedly affiliated with Bulat Utemuratov, a billionaire and former head of the Kazakh presidential affairs department...

 

The Rezidor Hotel Group to operate a third hospitality facility in downtown Moscow

Among the hotel special offers are a spacious 360sqm lobby, six conference halls, a fitness center equipped with Technogym-branded exercise facilities...

Government and businesses to delineate spheres of interests in preparation for World Cup

Kremlin plans to demarcate the spheres of investment activities between the government and private businesses in its preparation for the Soccer World Cup in 2018...

 

Reconstructed Moscow Radisson Royal Hotel named among the worlds best new hotels

Commenting on the rating, the journal noted that this years list includes hotels built in places that were recently villages, but which have been transformed into elegant hotels...

Renaissance Moscow Monarch Center bags the Golden Brick Award at CRE Awards-2011

Marina Usenko, Jones Lang LaSalle executive vice president, who was a jury member, has called the hotel a win-win project for the investors...

 

Moscow City Tourism Committee to oversee citys hotel industry affairs

The main reason for this step, according to Committee chairman Sergei Shpilko, stemmed from the lack of effective interaction between the committee and hotels...

Optimization of JFSC Sistemas hotel business prompts sale of Pekin hotel

The sale, the management said, was carried out within the policy of optimization of assets in accordance with the companys hotel business development strategy...

 

Hotel Hilton Moscow Leningradskaya receives Vasilyevs Lily Award

According to Alexander Vasilyev, the famous fashion historian, who is the founder of the project, the Lilies will henceforth be awarded to institutions, which harmoniously combine history with modernity...

Top executive management overhaul at Lotte Hotel puts a Lotte veteran at the helms

A change of management at Lotte Hotel Moscow has elevated Jason Cho, an executive of 20 years with the Lotte chain, to the post of general manager...

 

Kempinski taps its seasoned hospitality executive to head its Russia and CIS operations

The management of the Kempinski Hotel Group has appointed Gerhard E. Mitrovits its new area director for Russia and other CIS countries...

Professional career hotel manager takes over helms at Park Inn Pribaltiyskaya Hotel

A Polish native, Wiszniewska is well versed in the hotel industry, where she has worked since since beginning her career in 1992 in Poland...

 

A private Russian company to begin the construction of a space hotel in 2013

According to the companys CEO Sergei Kostenko, active works on designing the facility and marketing have already started, and contracts with aspiring space tourists signed...

Corinthia Hotel St. Petersburg offering a new level of service in its Executive Wing

The access to the Executive Wing is via separate lifts from the hotel lobby, thus providing additional privacy and security for clients...

 

Korston Hotel Moscow offers free telephone services to resident clients

This service, according to the management, provides boundless opportunities that enable visitors to inform relatives of their safe arrival at their destinations...

Expert's Corner: Milan Hotel General Manager's opinion

Our expert on this industry, Milan Hotel General Manager Svetlana Shekhvatova, talked to TRCW about the impacts of the crisis on market, current and future industry trends...

 

Expert's Corner: Ararat Park Hyatt Moscow executive's opinion

Our expert on this industry, Maria Govyazina, revenue manager at Ararat Park Hyatt Moscow, talked about the impacts of the crisis, current and future industry trends...

Expert's Corner: Maxima Hotels General Manager's opinion

Our expert on this industry, Maxima Hotels chain General Manager, talked about the impacts of the crisis on the market, his chain's performance during the downturn and future trends...

 

The Russian hotel industry braces for the post-crisis era

This report highlights the impacts of the crisis on the industry, key market players and their readiness for post-crisis market growth trends and positive forecasts in the industry...

New general managers take over helms at Holiday Inn Moscow Suschevsky and Lesnaya

In their new capacities, the new executives plan to boost the potential of their hotels as one of Moscows top hospitality facilities with outstanding services...

 

Company HRS continues regional expansion in CIS by opening an office in Kazakhstan

HRS constant presence in Almaty will enable it to be closer to its clients and also strengthen its positions in the republic and other Central Asian countries...

Moscow City Hall plans to double the number of hotels in the capital by 2020

The official plans envisage opening or reconstruction of 21 hotels with 5,160 rooms in 2010 and 23 hotels with 5,600 rooms in 2011...

 

Volatility and uncertainty continue to remain key features of demand for hotel services

The expert, however, says there are some positive tendencies, such as an upturn in demand for overnight stays and additional services, where demand fell by 30% in 2009...

Historic hotels go on sale in Russian capitals as authorities privatize state assets

Moscow and St. Petersburg city governments have announced plans to sell historic hotels and other assets under their jurisdictions...

 

EBRD and IFC to invest millions into small hotels developments in Russian regions

According to EBRD, the investment plans envisage building five medium-sized hotels with a total stock of 750 rooms in next two years...

Issue: August 2010, Vol. 5, No. 7     Author: Inga Friedelhaus
Tags: IFC

Golden Ring Hotel completes reconstruction of its largest conference hall

During the renovation, a major emphasis was placed on the technical re-equipment of the hall, which now boasts the best equipment from the leading international audio- and video brands...