Hotel Construction in Moscow Suspended
Several major hotel projects have been recently announced in Moscow; however, nearly all of them are likely to be put on hold till "better times", hotel market experts say. As Rosinvestotel CEO Kirill Irtyuga has recently declared, the company plans to suspend 11 out of 15 its current projects. Azimut Hotels Company estimates that its first hotel will have been opened in Moscow by 2010, in the...
A new hotel to open its doors in Adronyevskaya square in Moscow
A piece of cultural heritage, a building that authorities have found dangerous to use, is to be restored and converted into a mini hotel featuring 8 apartments. It used to be an apartment building N 6 at Andronyevskaya square in the center of Moscow. According to the city administration, the restoration of the object will be financed by a developer who wins the investment tender. Later the...
An apartment hotel will be built in Rublevka
A multipurpose complex, which will include a business center and an aparthotel, will be constructed at the Zhukovka settlement located along the Rublevo-Uspensky highway. A concept developing and consulting services for the project are carried out by RRG Company. The aparthotel, which total area is 6000 sq. m., combining hotel and apartment function, is designed for business owners, top...
A hotel with 120 rooms will be built at the center of the capital city
At a public town-planning council session on Wednesday, Moscow's chief architect, Alexander Kuzmin, disclosed before the Mayor of Moscow that a four-storey hotel was planned to be built at the corner of the Prechistenskaya embankment near the Cathedral of Christ the Saviour. "The land area for the prospective building occupies an important place in town-planning location at the corner of the...
In the third quarter of 2008 Moscow hotels were filled only for 50-55%
According to the Becar Realty Group research, Moscow hotels occupancy in the third quarter of this year was only 50-55%, which is due to the 10-15% decrease in the foreign tourists flow since the beginning of 2008. "As in the previous periods, business tourists make the majority in the structure of tourist flows, and they provide a steady demand for a 4 - 5 star hotel rooms. The percentage of...
Residential houses in Moscow will become five-star hotels
Three former apartment buildings around the Lubyanskaya Square in central Moscow will be reconstructed to become five-star hotels. This was disclosed by the assistant head of management of the "China Town" territory, Vasily Pankratov. According to him, the project of building three new hotels in the quarters adjoining the Lubyanskaya Square- in Staropansky, Bogoyavlensky and Bolshoy lanes is...
British Sibir Energy plc plans to buy the Sovetsky Hotel
The British Sibir Energy plc plans to buy the former Sovetskaya Hotel in Moscow from the entities of one of its major shareholders Shalv? Chigirinsky for $81.7 million as reported by the company. Besides, Sibir Energy will also acquire from S. Chigirinsky entities affiliated with him 100% shares of Intaym Firm Co.,Ltd., which owns a land under construction at Leningradsky Prospekt in Moscow at...
The Tsentralnaya Hotel will retain its historical appearance
The Tsentralnaya Hotel, located in Tverskaya Street in Moscow, will not increase in size after reconstruction: the area of the building and its height will remain the same, the chief architect of the capital, Alexander Kuzmin, said. According to him, the building, which is a monument of architecture, is under restoration, but it will not change its historic appearance after the...
A new hotel will be built on the west side of Moscow
The city authorities will conduct a land auction for the construction of a high-rise building of public use on the west side of Moscow. According to the interlocutor of the Agency, the certificate of authorized use of land for construction in accordance with the "New Ring of Moscow" investment program for the high-rise building has been approved. The land has an area of 35,000 sq. meters and...
An experiment of registering immigrants
On Sptember 12 the Russian Federal Migration Service (FMS) started an experiment of registering immigrants in the 5 largest hotels in Moscow. Zalina Filimonova, the press secretary for the FMS's Moscow Department, said that "the hotels will keep immigration records of foreign citizens arriving in Moscow themselves". According to the press secretary, the registration of immigrants will be...