Gennady Korban will produce new hotels brand names in Kiev with InterContinental Lodges Group

The worldwide hotel operator InterContinental Resorts Team will provide to the industry of Ukraine new manufacturers - Hotel Indigo and Staybridge Satisfies. As became noted for the "?" , the business signed a letter of intent about the management from the lodge in Kiev with all the business of Dnepropetrovsk businessman Gennady Korban . rnVery last week InterContinental signed a letter of intent together with the organization " Budinvest " around the administration in the resort on Gorkogo str., 44 , advised Natalya Novikova, CEO of " Budinvest " business partly owned by Gennadiy Korban. According to Ms. Novikova , the lodge will produce two brands of InterContinental: the very first 10 flooring of the hotel is going to be occupied with Lodge Indigo ( about 240 rooms) , and the remaining 12 flooring - with Staybridge Suits ( about 80 flats). Investments inside the design on the hotel will likely be $ 30-40 million (payback period - about ten many years).

"InterContinental and Axelrod Estate signed a letter of intent to handle the hotel in Kiev. That is about the Resort Indigo and Staybridge Suits", - stated PR- manager in the firm Laura Baker in the Uk IHG place of work.

InterContinental Resorts Team community provides collectively over four.six thousand accommodations in a hundred countries on the world with crucial count of 678 thousand. It owns the subsequent hotel manufacturers: InterContinental, Crowne Plaza, Lodge Indigo, Getaway Inn Lodges & Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, and also EVEN Hotels and HUALUXE Lodges & Resorts. In 2012, net revenue was $ 21.2 billion , in the first six months of 2013 - $ 10.4 billion. The company is listed on the London and New York (NYSE) stock exchanges. On the date of 25/09/2013 capitalization on the NYSE was $ 7.75 billion.

Now in Ukraine you can find two hotels managed by InterContinental ( each in Kyiv ) - the five-star InterContinental ( 272 rooms ) and the four-star Getaway Inn ( 208 rooms) . Vp of Hospitality Jones Lang LaSalle Ivan Kiseev suggests that objects underneath the manufacturer Hotel Indigo belong to the class of lifestyle- resorts, in Kiev it quite achievable might be correlated with the four-star phase. "We count on that the price for a room at Hotel Indigo will probably be within the range of £ 150-200 each day," - mentioned Natalia Novikova . Mr. Kiseev adds which the model will contend with Getaway Inn, Radisson Blu and Park Inn. Venture Improvement Director of growth company " Stockman " Sergey Ovchinnikov suggests that, given the situation of the object , number of rooms must be not more than 200 . " Typically, Resort Indigo objects are put closer towards the centre, where most financial activity of the town is concentrated and where " stylish locations " are, - states Mr. Kiseev. The expert notes that while in the long -term prospect the system may possibly "work " within the case on the middle of Kiev enlargement.

The manufacturer Staybridge Satisfies presents residences for extended stays. The suite consists of many rooms as well as a furnished kitchen area. Expense in the construction and decoration from the flats is 10-15% increased than within the very same space of Hotel Indigo.

While in the "Budinvest " you can find expected that this kind of synergy will permit to increase the common annual lodge load when compared with the industry . " We talked to many global operators. We favored the idea proposed by InterContinental", - mentioned Ms. Novikova. Market place participants observe the practice of combining numerous brands in a single object is quite typical globally. "Different certain of desire may fit in standpoint. Object can rely on company buyers demand that are fascinated in the long-term lease of residences for his or her staff ," - explained Mr. Kiseev. In accordance to him, initially, these residences might be rented as a classic hotel rooms.