Domina is to open 3-4 star hotel in NovosibirskBack to list
Italy’s Domina Hotel Group is to enter the Russian market. The Group is going to roll out a chain of 3 or 4 star hotels with a total capacity of 1,000 rooms, PMR reports.
In Novosibirsk Domina is going to open hotel by 2010. It will be the biggest (225 rooms)in it's russian chain. Also Domina's hotels will be open in Kaliningrad, Lipetsk, Tomsk and Tyumen. Unlike most other foreign hotel operators Domina will build hotels itself. Kommersant reports that €100m will be invested in the chain.
NovosibirskGuie.com reminds, that Domina is the 5th international hotel operator, that announced its plans in Novosibirsk. Others are Hilton, Swissotel, IHG (Holidayy Inn) and Accor Group. Domina increased its investments in Russia after crisis on Albania property market.