UKRAINE: KIEV RADISSON SAS HOTEL REVIEW.

From: IPR Strategic Business Information Database | Date: September 26, 2005 | Copyright information

At the beginning of this September, Radisson SAS Hotels & Resorts, expanded into Ukraine's Capital. The owners of the hotel (Rezidor SAS Hospitality, 10%, EBRD 30 %, and Raiffeisen Management Investment 60%), invested 49 million EUR in Kiev Radisson SAS. It should be mentioned that Radisson SAS is the first global brand which opened hotel in Kiev, and soon other brands such as Hilton and Hyatt will follow. That is very good news to both the business community and to the Ukraine government who let foreign hospitality brands to invest in the country. The hotel, focuses primarily on ...

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