This is a rather popular strategy of investing in real properties found in many countries. A private investor acquires a condominium at a hotel and formally becomes a co-investor of a hotel project, enjoying full rights. Later on the owner may reside in this apartment or let it out as a regular hotel room in […]

Small businesses, building mini-hotels, have long been leaders in the hotel industry in developed countries, but their presence on the Russian market today cannot be valuated due to a lack of statistics. Nevertheless, mini-hotels are rapidly emerging in conjunction with the actively developing business tourism sector in cities located in the Urals region, generating steady […]

Hostels are well-known by backpackers and budget travelers throughout Western and Central Europe, as well as many other parts of the world, as the thrifty alternative to hotels. Moreover, the governments of many countries see fit to assist in developing this area of small business. In turn, hostels are gradually making their presence known in […]

The globalization of hotel chains has several pluses, such as the standardization of services and the development of reservation systems. However, the unification of standards and designs adds convenience but reduces originality. As a result, designer boutique hotels are becoming popular around the world with people seeking to avoid the predictability of chains. However, these […]

Investors prefer to build hotels from the ground up rather than reconstruct old buildings. Urals hotels built during the Soviet-era have long become obsolete; they are tatter-worn and most certainly do not fit into any classification. Meanwhile, the demand for quality hotels in the region is on the rise. Accordingly, local and outside investors have […]

Just a few years ago, it would have been difficult to call Russia a very hospitable country, as people would come only when necessary and could not count on special comfort. However, today the situation has changed, as the country is becoming more open and attractive for visitors. This is first and foremost connected with […]