Abramovich will be Engaged in Projects in Karelia and Gelendzhik

Roman Abramovich has established two companies that can develop the hotel business in Gelendzhik and Karelia, media reported. Vice-President of the Federation of Restaurateurs and Hoteliers Vadim Prasov in an interview with radio Sputnik assessed these two directions.

Billionaire Roman Abramovich’s companies start developing “hotel projects” in Gelendzhik and Karelia, the businessman recently became the founder of two new legal entities – Yug Estate UK and Nord Estate UK, the newspapers write. It is specified that the main activity of these companies is property management.

The hotel business in Gelendzhik can bring good results, Vadim Prasov, Vice President of the Federation of Restaurateurs and Hoteliers, expressed this opinion in an interview with Sputnik radio.

“If you look in the long term, Gelendzhik is not a bad decision. The infrastructure is developing there, a new airport, as far as I know, is being built. And in general, it looks good as a resort. If we continue to develop its infrastructure, there may be a result. I don’t see obstacles, “- said the expert.
Karelia also traditionally enjoys a certain demand among Russians and can become a profitable destination in the wake of the increased interest in domestic tourism during the COVID-19 pandemic, he continued.

“Inevitably, after the opening of the borders, some part of Russians will prefer clear and proven foreign directions, but interest in their native country has also increased. Plus, based on the realities of last year, we can state a certain lack of quality accommodation facilities and a fairly good demand for them. the objects will be built of high quality, and I have no doubt about it, then they may have their own audience, and they may be quite in demand, ” Vadim Prasov believes.

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