Business news from Ukraine

Business news from Ukraine

InterContinental, Swissotel and Ritz-Carlton enter Serbia

According to Srpski Ekonomist, several top international brands – InterContinental, Swissotel and Ritz-Carlton – are entering the Belgrade hotel market, amid expectations of increased demand in connection with preparations for EXPO 2027 and plans to expand the room stock in the capital.

According to estimates cited by market participants, in 2027, during the EXPO period, Belgrade could receive about 4 million guests in just three months, while Serbia as a whole had about 4 million tourists in 11 months of 2025. In this logic, the acceleration of hotel projects is perceived as an infrastructural necessity, but there is already a question whether the market after the EXPO will be able to sustainably “digest” the growth of supply, especially in the segment of high categories.

InterContinental returns to Serbia in partnership with Delta Holding: IHG reported that InterContinental Belgrade is planned to open by the end of 2026. The project is part of the Delta District mixed-use complex in Belgrade’s business and financial center; 203 rooms are announced, and features include a sky pool, rooftop restaurant and bar, spa and conference infrastructure.

Swissotel is planned in the EXPO zone in Surcin. Euro KB Rent will receive state aid in the amount of EUR 15.986 million, which will be paid in two tranches in 2026 and 2027. The minimum investment for the project is estimated at EUR 79.9 million; the materials also indicate that the hotel will include a congress center and spa/wellness with two swimming pools, and a room stock of 378 rooms.

The Ritz-Carlton in Belgrade is planned as part of the redevelopment of the former Hotel Jugoslavija site on the Danube waterfront. Marriott International reported that the property is envisioned with 193 rooms and more than 1,700 square meters of event space, while the project itself also includes residential and office towers, a conference center, a marina and a promenade area. Millennium Team, associated with the project through Danube Riverside, estimates the total investment in the complex at almost 500 million euros, with the hotel opening announced for 2027.

EXPO-2027 in Belgrade will take place from May 15 to August 15, 2027, with more than 130 countries having already officially confirmed their participation, according to the organizing committee’s data

https://t.me/relocationrs/2178

 

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On November 19, 8th International Forum of Winemakers and Sommeliers will be held at InterContinental Hotel

On November 19, 2023, in Kyiv, from 10:00 a.m. to 10:00 p.m., at the InterContinental Hotel (Velika Zhytomyrska St., 2A), the 8th International Forum of Winemakers and Sommeliers will be held, as part of which will be held:

– Jubilee XX All-Ukrainian Sommelier Competition “Master Sommelier – 2022-2023”,

– VII All-Ukrainian Cavist Competition “Best Cavist of Ukraine – 2022-2023”,

– “Round table” of winemakers and sommeliers as part of the “Evening of winemakers”,

– Open tastings and presentations of wines, spirits, cheeses and other products for all event guests.

Organizers:

– All-Ukrainian Association of Winemakers and Sommeliers,

– Association of winemakers of Ukraine,

– The first sommelier school “Master Class” in Ukraine.

General Partner – TM “Vinos dela Luz”

General Information Partner – Information Agency “Interfax Ukraine”.

Partners: TM “Big Wines”, “SV plus”, “Poli1898”, “Delamain”, “AELRED”, “Eyguebelle”, “ACHA”, “Purity”, “Zinka”, “Voda.ua”, “Sigarny Dim” “Fortuna”, APSVT, Hotel “InterContinental”.

Media Partners – “Club of Experts“, “OPEN for BUSINESS“, magazine “Kyiv Diplomatic”,

The guests of these events will be the heads of companies importing alcoholic beverages, heads of the restaurant segment, sommeliers, winemakers, heads of wine companies and wine boutiques, representatives of business structures, mass media and TV, connoisseurs and wine lovers.

 

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