EBRD to finance construction of five Russian hotels

By A staff reporter 2010-01-28T00:00:00

The European Bank for Reconstruction of Development (EBRD) said that it will fund the construction of five mid-market hotels in the Russian cities of Samara, Krasnoyarsk, Kaliningrad and Yaroslavl. The properties, offering a total of 897 rooms, will be developed by Russian Hotel Investment, a limited liability company incorporated in ...

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