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Armenia to have ten branded hotels in few years: Minister
YEREVAN, October 19. / ARKA /. The number of branded hotels in Armenia
is expected to grow to 10 in a few years, Armenian economy minister
Tigran Davtian said to journalists today. He said there are now
several branded hotels in Armenia, like Marriott and Golden Tulip
hotels in Yerevan. The second Marriott hotel will be built in the
resort town of Tsakhkadzor.
He said there are four Best Western hotels and another one is set to
open next year. Also in 2013, Armenia will have Hyatt and Kempinski
branded hotels.
According to the minister, the seasonal demand for hotel rooms in
Armenia exceeds supply, which is a good signal for the opening of new
hotels. He also said five, three-and two-star hotels need also to be
built.
Earlier this month The Hyatt Hotels Corporation announced signing an
agreement with Ginekar Company on the management of the first in the
CIS branded Hyatt Place hotel in Yerevan, scheduled to open in the
Armenian capital in the spring of 2013.
On October 4 the government of Armenia gave green light today to
selling a government building on Republican Square that houses the
ministries of foreign affairs and Diaspora. The historical building
will be sold to Tango Company for $51.271 million. The building was
built in the 1940's. Its total space is 14,000 square meters. The
government said the buyer has committed to invest as much as required
to remodel the building into a five-star hotel by preserving its
historical and cultural appearance.
Earlier, the chief architect of Yerevan Narek Sargsyan, said the
building may be sold to Kempinski Hotels Group. In late 2011 there
were 200 hotels in Armenia, with the bulk in Yerevan and resort towns
of Tsakhkadzor, Sevan, Jermuk and Dilijan. -0-
YEREVAN, October 19. / ARKA /. The number of branded hotels in Armenia
is expected to grow to 10 in a few years, Armenian economy minister
Tigran Davtian said to journalists today. He said there are now
several branded hotels in Armenia, like Marriott and Golden Tulip
hotels in Yerevan. The second Marriott hotel will be built in the
resort town of Tsakhkadzor.
He said there are four Best Western hotels and another one is set to
open next year. Also in 2013, Armenia will have Hyatt and Kempinski
branded hotels.
According to the minister, the seasonal demand for hotel rooms in
Armenia exceeds supply, which is a good signal for the opening of new
hotels. He also said five, three-and two-star hotels need also to be
built.
Earlier this month The Hyatt Hotels Corporation announced signing an
agreement with Ginekar Company on the management of the first in the
CIS branded Hyatt Place hotel in Yerevan, scheduled to open in the
Armenian capital in the spring of 2013.
On October 4 the government of Armenia gave green light today to
selling a government building on Republican Square that houses the
ministries of foreign affairs and Diaspora. The historical building
will be sold to Tango Company for $51.271 million. The building was
built in the 1940's. Its total space is 14,000 square meters. The
government said the buyer has committed to invest as much as required
to remodel the building into a five-star hotel by preserving its
historical and cultural appearance.
Earlier, the chief architect of Yerevan Narek Sargsyan, said the
building may be sold to Kempinski Hotels Group. In late 2011 there
were 200 hotels in Armenia, with the bulk in Yerevan and resort towns
of Tsakhkadzor, Sevan, Jermuk and Dilijan. -0-