Rus News Journal

Five continents will move a little

Hotel in the Red Glade will complete with participation otelnogo the operator

Company JUSKK (Krasnodar) plans to put to the beginning of 2010 in operation it is sports - an improving complex Five continents in settlement Esto - the Corf (the Red Glade), Marina Artyomov has informed the director of department of investment development of the company.

a complex Five continents has been put in 2005. It includes hotel 4 plus (under the formulation of representatives JUSKK) on 76 numbers, SPA - a complex, boulingi, cinema halls, night clubs, restaurants, cafe, parking places. The ground area area under a complex makes 1,1 hectares, the area of building of 3,5 thousand sq. metres. Terms of its delivery were repeatedly transferred. It was initially planned to start a complex in 2007, then in the end of the last year, however in the autumn of 2008 building has been stopped at a stage of performance of 85 % building - installation works from - for complexities with financing.

according to madam Artemovoj, the total sum of investments in the project makes an order 1 mlrd roubles. About 600 million roubles own Open Company JUSKK means has already spent, from the remained sum from 200 to 250 million roubles can be involved for the account otelnogo the operator who is included into the project with the franchise, keeping the project concept. while we it do not name. The complex remains in the property of our company, and we will operate hotel together with the foreign operator. We count on different categories of visitors - from students to the VIP - visitors - Marina Artyomov has specified. It has defined a time of recovery of outlay of the project in 4-4,5 years.

Open Company The southern building communication company - versatile investitsionno - building corporation. It is registered in 1991 in Krasnodar. Founders - citizens of Russia (80,1 %), Open Company telekomservis (19,9 %), UK - 100 million roubles. The basic lines of activity of holding are: investitsionno - developer, architecturally - building, industrial production of building materials, telecommunication, generatsionnoe. A gain for the first quarter 2009 - 140 million rbl. (for the similar period of 2008 - 315,6 million rbl.) . Net profit for the first quarter 2009 - 1,45 million rbl. (for the similar period of 2008 - 15,9 million roubles).

In the Russian hotel association (RGA) consider that objects of placing which now are under construction on the Red Glade, will be claimed both within the limits of the Olympic project, and after the Olympic games if all sports constructions declared by preparation for the Olympic Games, are really constructed. However, the president of association Gennady Lamshin has reminded that categories four stars plus in official otelnoj classifications do not exist. It did not begin to pass an opinion assumptions of what international operator can enter into the project Five continents having noticed that the majority of large participants of the market is not put by means in building of hotels. Seteviki usually trade in the franchise, introduce the technologies and service standards, they have enough of it - mister Lamshin has explained.

Usual risk for the hotel project in Sochi are seasonal fluctuations of demand. Fillability of objects of placing at coast does not exceed 45 %, on a mountain resort, by our calculations, this indicator even more low - the deputy director of the company " has told ; Vincent - Real estate (Sochi) Boris Lebedev. However, by its estimation, objects for summer productive leisure on a mountain resort can involve having a rest and to smooth seasonal fluctuations. family trips on uik - end can provide the traffic though longer stay on a mountain resort is improbable in the summer, - the interlocutor considers.

Comments international otelnyh networks it was not possible to receive: in the Russian representations of companies Hilton, Marriott, Starwood Hotels, Accor Hotels questions have been readdressed in head offices of the companies in the USA and France, answers have not been received.