XXI Century Investments and Accord, the French hotel group, have reached agreement on the development and management of a new EUR 90 mln five-star hotel in Kiev, the first hotel of the chain to operate in the Ukrainian capital. XXI Century is the developer of this project and the Accor Group will manage the hotel under its upmarket brand Sofitel. The 27,000 m[sup]2[/sup] property will be built on a half a hectare in the historical centre of the city, between Luteranska and Kruglouniversytetska streets.
XXI Century Investments and Accord, the French hotel group, have reached agreement on the development and management of a new EUR 90 mln five-star hotel in Kiev, the first hotel of the chain to operate in the Ukrainian capital. XXI Century is the developer of this project and the Accor Group will manage the hotel under its upmarket brand Sofitel. The 27,000 m2 property will be built on a half a hectare in the historical centre of the city, between Luteranska and Kruglouniversytetska streets.
The hotel will be designed by Seifert Architects and will include 270 rooms, two restaurants, a fitness club, a ball room and 11 meeting and board rooms. Construction of the property is planned to begin in the second half of 2007 and the opening is scheduled for late 2009 or early 2010.
