Perfect Group has begun construction of the Velmy apart-hotel in Polianytsia, Ivano-Frankivsk region, the company’s press service told Interfax-Ukraine.
According to Oleksiy Koval, project manager at Perfect Group, the goal of the Velmy project is to change the standards of recreation and investment in the region.
“We create a space for emotions and memories, where every detail works for the comfort of our guests. In addition, it is a reliable investment with a projected payback of eight to nine years, which makes the project attractive to investors. We believe that Velmy will become a landmark in Bukovel,” Koval said.
The Velmy apart-hotel is located in Bukovel next to Lake Molodist and ski lifts #14 and #22. It has 492 apartments ranging from 26 to 80 square meters. The complex is positioned as a business class, with a panoramic swimming pool, Ski-in/Ski-out, SPA center, gym, restaurants, conference hall and children’s center among the offered infrastructure.
Investors are offered refurbished apartments, while transactions are formalized in accordance with the new legislation on future real estate objects (BON) with registration of special property rights (SPR) in state registers.
The first phase is expected to be commissioned in the third quarter of 2026. Currently, the price per square meter starts from UAH 167.9 thousand. There is an installment plan with a down payment of 50%. The tourist season at Velmy is expected to be year-round, with a likely rental yield of up to 12% per annum and a payback period of eight to nine years.
Founded in 1991, Perfect Group has commissioned 42 buildings since 2010, with 21 buildings under construction.
Ukrainian hotel occupancy in May 2024 increased in Kyiv and Bukovel, while it decreased in Lviv and Odesa, Olga Mishchenko, Project Manager of Hotel Matrix, told Interfax-Ukraine.
“The occupancy of Ukrainian hotels in the first quarter of 2024 increased compared to the same period last year in Kyiv to 39% (+86%), in Bukovel – to 46% (by 13%), decreased in Lviv to 49% (by 14%) and in Odesa – to 23% (- 8%). In Kyiv, there is a positive trend in all indicators – the average daily rate (ADR) increased by 40% to UAH 2689, RevPAR (revenue per available room per day) by 158% to UAH 1041,” she said during the Hospitality Connect conference.
According to Hotel Matrix data, the average daily rate (ADR) for this period also increased in Bukovel – UAH 4190 (+13%), in Lviv – UAH 2729 (+7.15%), and decreased in Odesa – UAH 2126 (-6%).
RevPAR (revenue per available room per day) in May 2014 in Bukovel amounted to 1941 UAH (+30%), in Lviv – 1338 UAH (-8%), in Odesa – 490 UAH (-14%).
According to Hotel Matrix, as of June 2024, there are about 4 thousand three- to five-star hotels in Ukraine with a total of 110 thousand rooms. The estimated market volume as of May 2024 for accommodation services is UAH 2 billion 364.6 million.
Hotel Matrix is a web-based hotel analytics product developed by experts from Poland and Ukraine. It was launched in May 2020. Today, more than 200 hotels in Ukraine, Poland and Kazakhstan are connected to Hotel Matrix.
In the evening of March 12, at a meeting of the regional commission of the State Commission on Manmade Disaster, Emergency Response, it was decided to put under quarantine the tourist complex Bukovel and restrict entry to the territory of Polianytsia territorial community, which only local residents or people who work there can freely move through, the local newspaper Halka reports.
“It was decided to terminate the activities of the Bukovel resort. Tourists will not be able to visit it. If you are a tourist, then you must understand that you are not going to Bukovel – you are going to the red quarantine zone, a high-risk zone. We are making such a forced decision, and probably not the last. After all, the red zone, in which we live, is growing, and we do not see a trend towards its decrease,” said head of Ivano-Frankivsk Regional State Administration Andriy Boichuk.
The new rules will take effect from 24:00 on March 13.
“As of today, 51 administrative protocols have been drawn up in Bukovel tourist complex: for lift operators, ski equipment rental points. Additional checkpoints will be introduced on the territory of Polianytska territorial community. Only local residents or those who have a place of work in this settlement will be able to move freely, subject to quarantine requirements,” said Volodymyr Holubosh, head of the Main Department of the National Police in Ivano-Frankivsk region.
Investments in the infrastructure of the Bukovel ski resort in 2020 amounted to $ 15 million, and in general, since 2002, some $ 400 million has been invested in it, Bukovel co-owner Oleksandr Shevchenko has told Interfax-Ukraine.
“We managed to keep the attendance at the level of last year, despite the COVID crisis, primarily due to the wide and flexible offer,” Shevchenko said at the Ukraine.30 forum.
According to him, the average cost per tourist also did not change – about EUR150 per day, however, one can find a place for accommodation from UAH 50 per day, many people bought ski passes in advance: in summer they were on a special offer with a 50% discount.
Shevchenko says that thanks to Bukovel, more than 50,000 places of accommodation have been created, and more than 100,000 local residents are employed in the tourism industry.
He also announced readiness to join the reconstruction of the airport in Ivano-Frankivsk, which would improve the quality of the resort.
“We are ready to engage in the reconstruction with the forces available to us, invest our own funds in the terminal. Considering the state monopoly on the runway, we are ready to offer our participation in its restoration,” the Bukovel co-owner told the agency.
According to him, the renovation and completion of the runway would provide Ivano-Frankivsk with international air gates and increase the attractiveness of the region for foreign tourists.
RibasHotels Group LLC (Odesa), the managing company of the national network of tourist hotel and restaurant complexes of 3-4-star categories, opened a four-star RibasKarpaty hotel in Bukovel (162a Vyshni Street, Polianytsia village, Ivano-Frankivsk region), which became the first facility of the company outside the Black Sea coast.
“In this project, we also acted as a developer who realized the purchase of the site, design and construction of the facility. And in the future we will manage the hotel under the Ribas brand … The site was acquired in early 2019, construction began in May of the same year and it was completed on December 12,” said founder of Ribas Hotels Group Artur Lupashko during an online briefing on Tuesday.
The hotel originally bore the working title of Ribas Bukovel, but Bukovel Group of Companies officially requested not to use the resort brand in the hotel name.
The total area of the Ribas Karpaty hotel is 3,200 square meters, hotel room capacity is 47 rooms. The hotel infrastructure includes the LIS restaurant with access to the terrace, coworking space with panoramic mountain views, swimming pool, Finnish and Roman saunas, jacuzzi, massage rooms, SPA area, and a children’s room.
The total investment in the project was about UAH 100 million, the estimated payback period is 9-11 years.
As reported, in 2020, the management company Ribas Hotels Group (Odesa) became an investor in the Mandra glamping network and plans to expand it to 20-25 franchising facilities.
Ribas Hotels Group LLC was established in 2017. According to the unified public register, Lupashko is the head and owner of a 100% stake in the charter capital of the company.
Ribas Hotels Group LLC (Odesa), the managing company of the national chain of three- and four-star hotel and restaurant complexes, has completed the acquisition of a hotel in Bukovel, Ivano-Frankivsk region, and plans to build a new one there by the end of 2019. “In December 2019, the managing company Ribas Hotels Group plans to open a new hotel in Bukovel. The facility is located in Polianytsia (162a Vyshni Street), next to ski lift No. 1,” the company’s press service told Interfax-Ukraine.
The new hotel will be built on the site of the previously acquired hotel facility, which has already been dismantled. The hotel will occupy 3,200 square meters; $4 million will be invested in the project, the company said. “The hotel will offer 45 rooms, and include a spacious restaurant with a terrace, co-working with panoramic mountain views. Before the blueprints were drawn up, we talked to pro skiers and snowboarders, so infrastructure for active tourists takes into account the smallest details… There will also be rooms for guests with disabilities,” General Director of Ribas Hotels Group Artur Lupashko said.
According to him, the swimming pool, Finnish saunas and Roman baths, spa tubs, a massage parlor and a large spa area are almost ready.
As Lupashko earlier said, Ribas Hotels Group in 2019 plans to channel UAH 300 million in investors’ funds into the construction of new hotels. As of February 2019, it manages 25 hospitality facilities.
Ribas Hotels Group LLC (Odesa) was established in 2017.
