Business news from Ukraine

STATE PROPERTY FUND OF UKRAINE TO PUT DNIPRO HOTEL AT STARTING PRICE OF $10 MLN

20 February , 2020  

The State Property Fund of Ukraine this spring will put the Dnipro Hotel located downtown Kyiv at the starting price of $10 million. “In order for its [the hotel’s] final cost to increase at times, a new director, Elina Sapozhkova, has been recently appointed,” the fund said on its website.
According to Sapozhkova, who previously had experience in opening, developing and managing hotels of the international chains Rezidor Hotel Group, IHG, Hilton Hotels & Resorts, Hyatt, the main value of the Dnipro Hotel is its location on European Square in the center of Kyiv and the views from the rooms.
The fund said that it has 23 large facilities for privatization, of which five are planned to be completed this year.

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