Ever since the real estate market started to formulate quality standards for management services, the question of training staff has become particularly critical in this sphere. At the moment nearly all companies working in real estate management lack qualified specialists. How can this hunger for personnel be satiated? Currently, it is more often than not […]

Some property owners believe that the services of a professional management company are unjustifiably expensive. Viewing the management company as merely a middleman between themselves and various, more specialized service providers, owners do not always understand what the fee for a management company covers, not seeing the relationship between the amount asked for and the […]

Several years ago the concept of “real estate management” in the regions was non-existent. Any reasonably capable specialist from the local communal services authority was considered capable of the task and professional management did not come into question. Moreover, inviting a professional management company to run a dilapidated building is equivalent to buying an expensive […]

It’s no secret that management companies represent the interests of a building’s ownership. They are hired to do everything in their power to ensure that a piece of real estate brings a steady profit to its owners for many years. On the other hand, the tenants are the project’s source of income, and much depends […]

Although the hospitality business in the Urals region is gathering momentum, and international chains are entering the market, the stated level of hotels often does not conform to the quality of services rendered. Everywhere can you see “homemade” stars on facades and never receive the quality expected. Sometimes a hotel is “promoted” to a star […]

Motels are as one of modern America’s symbols along with the Statue of Freedom, skyscrapers and fast food. The average American drives his or her car across the country, often staying at small roadside inns. The country has thousand of motels. It would appear that this format has fair prospects in Russia given the extension […]

Burgeoning supply on the mountain-ski leisure market furthers the development of the hospitality business in this segment. Entire communities of small hotels and inns are popping up all around the slopes. Though domestic operators of winter resorts have a long way to go to catch up with their colleagues in neighboring Finland, vigorous growth of […]

Experts currently are predicting a genuine hotel boom for both Moscow, and for the regions. However, despite the significant number of ambitious new projects being proposed, there is still a deficit of hospitality industry real estate. According to Becar, the aggregate sum of all the hotel spaces in the capital shrank more than 1000 rooms […]

The ubiquitous bent for the erection of departmental hotels revealed itself some 20-30 years ago when every solid organization or corporation aspired to have its own hotel. It was more a matter of prestige than necessity. But are these sorts of departmental hotels in demand today and, if so, what sort of future awaits them?
Survival […]

At the time they were being built, Soviet-era hotels amazed people with their largesse and grandiosity; however, at the start of the 21st century, they have begun to astound in a different way, with their decrepit rooms and obsolete infrastructure. The issue is being dealt with singularly in Moscow, with the Intourist Hotel having been […]