Business news from Ukraine

New hotel will appear in Chernivtsi

30 March , 2024  

Hotel operator Optima (formerly Reikartz) plans to open a new property in Chernivtsi in May 2024.

According to the operator’s press service, the new hotel will be opened under the Optima Collection brand.

The six-story hotel will have 58 rooms.

The Optima Hotels & Resorts chain unites more than 80 hotels in Ukraine, Sweden, Kazakhstan, Georgia and Uzbekistan.

Starting in 2023, Reikartz is rebranding its hotel chain in Ukraine under the new name Optima Hotels & Resorts. The operator operated under the Raziotel (a chain of three-star economy hotels), Vita, Optima (wellness resorts and three-star hotels), as well as Reikartz Collection and Reikartz Hotels & Resorts (three-star-plus and four-star business and resort hotels) brands.

Optima Hotel Management LLC was established in 2008. According to Opendatabot, the company’s shareholders are Volodymyr Kashutin (Lviv, 99.9%) and Andriy Dema (Kyiv, 0.1%). Kashutin is listed as the ultimate beneficiary. At the same time, until 2019, the beneficiaries were Russian citizens Yuriy Vasin, Leonid Lavrentiev and Timur Rodionov.

According to the financial results for 2023, the company’s net profit amounted to UAH 7 million, compared to a loss in 2022. Revenue increased by 40.8% to UAH 445.8 million.

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