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The AZIMUT Hotel Moscow project approved and its delivery and opening date set

Capital City Debut 


AZIMUT Hotels Company (AHC) has approved the final version of its three-star hotel project, AZIMUT Hotel Moscow, which will be located at the Third Traffic Ring Road and Varshavskoye Expressway intersection. AHC which will invest $8.5mln in the property, scheduled to open in May 2010, will treble as the hotel’s contractor, investor and operator. 


AHC CEO Alexander Gendelsman has called the development an important step. “AHC started its operations in the country by opening hotels in the regions and this property will be our first asset in the capital. This project will be a success, especially now that Moscow needs good quality hotels at affordable prices.”