Resorts and tourism are two of the most attractive investment opportunities in the Stavropol region – which boasts KMV (Kavkazskye Mineralnye Vodye), recognised as the recreational and therapeutic center of Russia.
RUSSIA – The organisers of the Russia & CIS Hotel Investment Conference (RHIC) have announced they will host a regional briefing from 24-25 April in Kislovodsk, Russia, in partnership with the Stavropol region administration and Chamber of Commerce. The aim of the event is to discuss the long-term vision of the South Russia hospitality and tourism sector.
“Let’s invest in the Stavropol region” is the theme of this invitation-only event, which will bring together hotel investors, regional and international operators, developers and government officials. They will meet to gain a deeper understanding of the needs of this market and provide an intelligence update on the local hotel market for investors.
Resorts and tourism are two of the most attractive investment opportunities in the Stavropol region – which boasts KMV (Kavkazskye Mineralnye Vodye), recognised as the recreational and therapeutic center of Russia. By 2020, the Stavropol region government plans to double the size of MKV in a programme that includes modernizing existing properties and constructing of new ones. These works will be financed by private investors and will undoubtedly attract foreign capital.
“Pyatigorsk Plaza”, a sanatorium and tourist complex in the region, also offers investment opportunities. Featuring more than 6 hectares of land in the south-eastern slope of Mount Mashuk, the complex includes a B&B, a medical centre, a conference hall, a swimming pool and a restaurant. There are also plans to build a cable car connecting the sanatorium Plaza to lake Proval.
The Stavropol Government has an investment policy that will create a favourable environment for both Russian and foreign investments to the region. According to Andrey Murga, Deputy Chairman of the Regional Government: “Stavropol is a unique region of southern Russia with recreational resources and resorts dating back 200 years; it is full of rich cultural hospitality traditions. This territory offers successful development and is one of the fastest growing regions in Russia.”
“We have chosen Stavropol to host our regional briefing because we believe in the efforts of the region to invest heavily in the hospitality and tourism sector, which is expected to boost job creation in the next few years,” added Jonathan Worsley, chairman of Bench Events and co-organiser of RHIC.
RHIC 2014, which is organised by Bench Events and Questex, will take place at the Radisson Royal Hotel from 21-22 October 2014. The conference will include key participants such as: A.N.D. Corporation, ACCOR, AECOM Economics, Airports of Regions, AZIMUT Hotels, Best Western International, Capella Hotels and Resorts, Carlson Rezidor Hotel Group, CH-Group, Cushman & Wakefield, Dentons, DLA Piper, EBRD, EY, Expedia Lodging Partner Services, Gleden Invest, Hilton Worldwide, Horwath HTL Hungary & Russia, HVS, IHG, Interstate Hotels and Resorts Europe, JLL, Marriott International, Inc., Ostrovok.ru, Regional Hotel Chain LLC, Starwood Hotels & Resorts Worldwide, Inc., Unistroy, URBANE Group LLC, Venture Investments & Yield Management LLP, Warimpex Finanz -Und Beteiligungs AG, Wyndham Hotel Group.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
