28 Apr '11
Developer Parexstroy-St.-Petersburg intends to invest $16.3m building a business-hotel in the Republic of Ingushetia, regional officials report.
The modern 7,200-square-meter hotel complex is reportedly to be built in the region’s capital – Magas.
Under the project, the hotel is to include 70 guest rooms, two restaurants, conference-center, spa-salon, dry cleaning, as well as offices.
Timeframes for the project have yet to be disclosed.