The Optima hotel chain is opening its fourth hotel in Zhytomyr, according to the operator’s press service.
It is specified that the “Zhytomyr by Optima” hotel will begin operations on June 1, 2026. It is located on the fifth through eighth floors of the renovated “Zhytomyr” business center at 6 Pobedy Square. The hotel has 105 rooms.
The four lower floors of the business center are designated for offices, with a total area of 4,000 square meters. In addition to offices ranging from 17 to 36 square meters, the complex includes conference spaces with a total area of over 500 square meters.
The Optima Hotels & Resorts chain comprises more than 60 hotels in Ukraine. Until 2023, the chain operated under the Reikartz Hotels & Resorts brand; since 2020, with the help of Turkish shareholders, it has also opened hotels in Kazakhstan, Georgia, and Uzbekistan. In the summer of 2023, Turkish shareholders acquired the Reikartz brand from the Ukrainian company to develop it in Turkey and Central Asia. In Ukraine, the hotel chain was rebranded in 2023 under the new name Optima Hotels & Resorts.
Optima Hotel Management LLC was established in 2008. According to Opendatabot, the company’s shareholders are Vladimir Kashutin (Lviv, 99.9%) and Andrey Dema (Kyiv, 0.1%). Kashutin is listed as the ultimate beneficiary. However, until 2019, the beneficiaries were listed as Russian citizens Yuri Vasin, Leonid Lavrentiev, and Timur Rodionov.
According to the financial results for 2025, the company’s net loss amounted to 40,097,000 UAH, compared to a net loss of 847,000 UAH in 2024. Meanwhile, revenue grew by 55.45% to 809.36 million UAH.
