Volga | Real estate

Accor Group to open $70m five-star hotel in Nizhny Novgorod

24 Feb '11
Investment company Vesenniye Investitsiyi (Spring Investment) has announced plans to invest $69m building a five-star hotel complex in Nizhny Novgorod.

The hotel is reportedly to be managed by hotel operator Accor Group.

The complex for 180 rooms is to be located in the city center next to the Nizhny Novgorod Kremlin.

The hotel opening is scheduled for 2013.
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