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SON OF ARMENIA'S SECOND PRESIDENT INTENDS TO PURCHASE BEST WESTERN CONGRESS HOTEL IN YEREVAN
Wednesday, April 1, 01:21
One of the companies owned by Sedrak Kocharyan, the son of the second
president of Armenia Robert Kocharyan, seeks to purchase the Congress
Hotel in Yerevan. Robert Kocharyan's Spokesman Viktor Soghomonyan
has confirmed this information to ArmInfo. Soghomonyan says that the
parties concerned are currently negotiating to conclude a deal. The
Spokesman has refused to tell any other details.
The hotel management has refused to comment on the shareholders'
intention to put it up for sale. Nor has it provided any information
to ArmInfo about the shareholders themselves. However, according
to unverified data, BEST WESTERN Congress Hotel belongs to Renco Arm
State, a major Italian developer, which has built a number of buildings
in Yerevan. The underground parking lot near the Opera building and
the new cycle track are among the latest projects of the company.
Congress Hotel has 126 standard rooms, as well as 10 executive category
rooms. Independent observers estimate the cost of the hotel at 30-50
million USD.
http://www.arminfo.am/index.cfm?objectid=EA29C590-D7EB-11E4-9D780EB7C0D21663
Wednesday, April 1, 01:21
One of the companies owned by Sedrak Kocharyan, the son of the second
president of Armenia Robert Kocharyan, seeks to purchase the Congress
Hotel in Yerevan. Robert Kocharyan's Spokesman Viktor Soghomonyan
has confirmed this information to ArmInfo. Soghomonyan says that the
parties concerned are currently negotiating to conclude a deal. The
Spokesman has refused to tell any other details.
The hotel management has refused to comment on the shareholders'
intention to put it up for sale. Nor has it provided any information
to ArmInfo about the shareholders themselves. However, according
to unverified data, BEST WESTERN Congress Hotel belongs to Renco Arm
State, a major Italian developer, which has built a number of buildings
in Yerevan. The underground parking lot near the Opera building and
the new cycle track are among the latest projects of the company.
Congress Hotel has 126 standard rooms, as well as 10 executive category
rooms. Independent observers estimate the cost of the hotel at 30-50
million USD.
http://www.arminfo.am/index.cfm?objectid=EA29C590-D7EB-11E4-9D780EB7C0D21663