Business news from Ukraine

Business news from Ukraine

Ribas Hotels Group Will Take Over Management of the Pótay Cottage Community in Yablunytsia

28 September , 2026  

Ribas Hotels Group will take over management of a project by the investment and development company Arha Group—the Pótay cottage community currently under construction in the village of Yablunytsia (Ivano-Frankivsk Oblast), the company’s press service told the Interfax-Ukraine news agency.

The 3-hectare project involves the construction of 64 detached homes and 18 hotel rooms, as well as a restaurant, a spa, an all-season infinity pool, and other recreational facilities. Pótay is located at an altitude of about 970 meters above sea level, with views of Hoverla and Petros. The complex will combine the privacy of a private cottage with the service and infrastructure of a full-fledged hotel.

“We see that it’s no longer enough for guests to simply choose a destination. They choose a vacation experience: privacy, natural surroundings, the opportunity to spend time with loved ones, and at the same time enjoy hotel-level service. The Pótay concept is shaped precisely at the intersection of these needs,” noted Artur Lupashko, founder of Ribas Hotels Group, whose remarks are quoted in the press release

The grounds will also feature a sauna, lounge and children’s areas, fire pits, spaces for fitness and meditation, and a contemporary art gallery created in collaboration between Arha Group founder Ihor Ilchyshen and People’s Artist of Ukraine Volodymyr Kozuk.

One of Ribas Hotels Group’s tasks within the framework of this collaboration will be to develop the complex’s operational model, service standards, and guest experience, the company noted.

Ribas believes that the cottage complex format is becoming a more prominent part of tourist demand. For example, this summer, hotel occupancy rates in the Carpathian region averaged 67% on weekdays and 72% on weekends. The company has also observed a shift in demand toward locations and formats adjacent to major tourist centers, where guests can enjoy greater privacy and closer contact with nature.

Ribas Hotels Group—founded in 2014 in Odessa—is an international full-cycle hotel management company and hospitality ecosystem. Ribas Hotels Group’s portfolio includes over 50 projects currently under construction, in the launch phase, or under management in Ukraine, Poland, Turkey, and Bali. The company develops city and resort hotels under the Ribas Hotels, Ribas Rooms, WOL home + hotel, and Mandra Moments brands.

Arha Group is an investment and development company. It is implementing residential and commercial real estate projects with a total area of over 15,000 square meters: the AMA Family Resort in Bukovel, the WOL aparthotel in Vinnytsia, the Pótay cottage community in the Carpathians, and the Koreni club community near Vinnytsia.

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