Entrepreneurs Plan New 5-Star Hotel | Business | The Moscow Times
Entrepreneurs and God Zarakh Iliyev Nisanov want to build a five star hotel on Ukrainsky Bulvar, a representative of their company Kievskaya Ploshchad.
The shareholders want to create a chain of five star hotels in Moscow, and in April, they will open reconstruction under the trademark Hotel Ukraina Moscow Radisson Royal. At the end of the year, they close the Radisson Slavyanskaya for two years for reconstruction, in order to make it a five star hotel, an increase of its current rating of four stars.
They can also add the famous hotel chain Four Seasons.Kievskaya Ploshchad plans to build a Four Seasons at the intersection of Ukrainsky Bulvar and Bolshoi Dorogomilovskaya Ulitsa, managers of two construction companies told Vedomosti. A representative of Kievskaya Ploshchad confirmed the information but would not give details.
Four Seasons, as a public company is required to inform management of all contracts, said a developer who works with the franchise, but so far there has been no communication. Felicia Yukich, spokesman for the company, was unavailable for comment.
Such a location for a hotel Four Seasons' class than five stars - is illogical, "said Marina Usenko, vice president of Jones Lang LaSalle Hotels. Four Seasons agrees only to manage the hotels located in well-known historic areas and Ukrainsky Bulvar is not such a location.
Four Seasons currently has two signed contracts to manage hotels in Moscow - Hotel Moskva and a hotel on Sofiiskaya Naberezhnaya. The project is postponed Sofiiskaya Naberezhnaya, Isadore Sharp, founder of Four Seasons, told Vedomosti.
"The Moskva Hotel management contract was signed six years ago, but the project is not yet completed. Four Seasons can consider the project abandoned," said a source close to the owners of the Hotel Moskva.
Recently, the interest of the operator in the process of construction of the Moskva Hotel has significantly decreased. Earlier, the Four Seasons strictly controlled the construction process.But at the end of last year, Deputy Mayor Vladimir Silkin told Vedomosti in an interview: "We look at the contracts, the measure of the economy - and after that we can say with certainty about our participation in the Oven Project Seasons [Hotel Moskva]....
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