Swissotel secures Sochi hotel deal
Swissôtel Hotels & Resorts has added to its Russian portfolio of hotels after securing a management contract for a deluxe hotel in the city of Sochi.
The new 200-bedroom Swissôtel Sochi Kamelia hotel, set to open in 2013, will be located in an redeveloped historical building and facilities include a large Pürovel Spa, several restaurants and bars and meeting space.
The property is owned by OAO Sistema-Hals, a Russian real estate and development company which was among the first Russian companies to be listed on the London Stock Market.
Meinhard Huck, president Swissôtel Hotels & Resorts, said: "Most of our company's hotels are primarily city hotels in large metropolises, but the Swissôtel Sochi Kamelia will be a beach resort in a wonderful park with old trees and a private beach."
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