Hotel real estate in the Carpathians is reaching new heights. How three phases, a single standard, and the right partners are shaping a new-generation investment product
FORREST Trinity Resort — a project where answers to key investor questions are thought through before sales begin: who manages it, what is the financial model, how are my rights protected, and is there demand for this property in summer and winter?
Bukovel has long ceased to be exclusively a ski resort. According to market analysts, tourist traffic reaches 2.5 million people per year, and occupancy rates for high-quality hotels during peak season are 100%. In summer and during the off-season, this figure remains at 67–73%.
This means that a properly positioned hotel product in Bukovel doesn’t sit idle—it generates revenue.
But there’s a catch: not every project is the same. High-quality hotels with full-scale management, consistent service, and actual occupancy throughout the year are few and far between. Most offerings on the market are apartment complexes where operational efficiency depends on the decisions of each individual owner. FORREST Trinity Resort is built on a different logic.
Most resort projects are geared toward a single audience. Forrest is built differently.
Phase One — a space for those seeking peace and rejuvenation. Surrounded by forest, a wellness center, and a rooftop pool. For those tired of the city who just want to unwind.
Phase Two—conference rooms, meeting spaces, a paddle tennis court, and a networking area. For corporate groups, small forums, and teams combining work with relaxation. The MICE segment in Ukraine is underrated—and this is an opportunity.
Phase Three—a children’s area, a large spa, a climbing wall, an outdoor pool, and the panoramic restaurant FORREST Sky View—the resort’s signature dining destination, located 48 meters above ground, offering a 360° panorama of the Carpathian mountain landscapes. For those who want their children to have something to do while their parents relax.
Three distinct target audiences mean three different reasons to visit—and three independent booking streams. If one segment slows down, the other two continue to perform. This directly impacts occupancy stability and, consequently, the monthly payment to the owner.
At FORREST Trinity Resort, the model is fundamentally different. All 461+ units, without exception, are transferred to Maestro Hotel Management—a condition stipulated in the contract. The owner handles nothing: no bookings, no check-ins, and no maintenance of the rooms. Maestro is responsible for the entire cycle. A guest on Booking sees a fully-fledged resort property with consistent ratings—a higher average check and stable payments to every owner.
Maestro Hotel Management—a management company with 10 years of experience in the hospitality industry. Crucially, they joined the project not after construction, but at the very start. Together with the Perspektyva Group team, they shaped the room layouts, service standards, and financial model. When a management company participates in the creation of a hotel, the rooms are designed to fit the operational model—not the other way around. This ensures a different level of readiness on opening day.
The financial model is transparent: 80% of rental income goes to the owner, and 20% to the management company based on EBITDA. Operating costs are calculated in advance, and a profitability calculator is available before signing.
The unit owner has the right to stay at the hotel up to 30 days a year during the low season and up to 10 days during the high season—with full hotel service. On these days, no revenue is generated from the room, but the vacation is yours.
Perspektyva Group is a company with 30 years of experience and 17 completed projects. Over $300 million in attracted investments. FORREST Trinity Resort is the company’s first hotel project, which is why it has been approached with particular care: architecture, materials, engineering, and partners—no compromises.
The first phase is being built using the developer’s own funds. This means that the pace of construction does not depend on sales velocity. The first phase will be completed regardless of the number of units sold today. For investors, this eliminates one of the key risks.
Commissioning — Q4 2028. The second and third phases are being built in parallel — completion in 2029. The site is active, and construction is underway.
The quality of the architecture directly influences the average rental rate. Architecture by Filimonov & Kashirina, winners of architectural awards. A stone and glass facade, seamlessly integrated into the landscape. This is not just another hotel in the mountains—it is a property with its own distinct character.
Interiors where natural aesthetics blend with premium comfort — Makhno Studio, Serhii Makhno’s studio. Guests choose a hotel that is beautiful. Beauty is a driver of occupancy.
FORREST Trinity Resort has direct access to the 5G trail—one of Bukovel’s best panoramic trails. Ski-in/ski-out—a WOW advantage that saves time and underscores the project’s status.
Surrounded by forest, a waterfall, and a mountain river. A promenade that creates the atmosphere of a European resort.
One of the key fears of investors in Ukraine is: what if the developer doesn’t deliver? FORREST Trinity Resort operates under the MON model—a special property right to the future property. What this means: — the agreement is registered in the State Register — double sales are impossible; — there is a refund mechanism if the completion is delayed by more than 6 months; — changes to the property without the investor’s consent are impossible; — assignment (sale of a unit before completion) — unrestricted, without penalties.
Minimum unit size — 26 m². Price starting at $4,500/m².
Projected return on management: up to 12% per annum in currency.
Asset appreciation from the start of sales to opening: projected 19–20%. An investor who enters at the start receives an asset valued at ~$5,400–5,500/m² by the time of commissioning—even before the hotel’s first day of operation.
FORREST Trinity Resort stands out for its combination of rare factors: Product: three phases for three target audiences, 5G connectivity, architecture by Filimonov & Kashirina, interiors by Makhno Studio. Management: 100% of units managed by Maestro. The management company joined at the design stage. Developer: Perspektyva Group, 30 years of experience, 17 projects. Phase 1 is funded with the developer’s own capital. Security: Ministry of Education and Science approval, state registry, transparent model, free transferability.
Together, this is an asset backed by a system, not just a promise.
FORREST Trinity Resort. Three worlds—one asset. A unique resort ecosystem created for living, relaxation, and capital growth.
More details on investment terms and profitability calculations: +380 (777) 999-999
BUKOVEL, FORREST Trinity Resort, INVESTMENT, PROFITABILITY, REAL ESTATE, VACATION
France’s Schneider Electric plans to buy back €2.5-3.5 billion worth of its own shares by the end of 2030.
The company expects to increase the profitability of its operations amid the development of the artificial intelligence market and growing demand for electrification solutions.
According to a press release from Schneider Electric, the company aims to increase its adjusted EBITA margin by 250 basis points in 2026-2030. Its previous target was to increase this figure by 50 basis points in 2024-2027.
Schneider Electric will seek to “capitalize on opportunities in the areas of electrification, automation, and digitalization,” said its CEO Olivier Blume, whose words are quoted in a press release published ahead of an investor event.
The company forecasts average annual revenue growth of 7-10% through 2030. In addition, it plans to sell assets with proceeds of €1 billion to €1.5 billion during this period.
Schneider Electric is a manufacturer of distribution and protection equipment, automation devices for the energy sector, and other equipment.
Its solutions play an important role in ensuring the operation of data centers.
Schneider Electric shares added 2.5% in price on Thursday trading in Paris. Since the beginning of this year, their value has fallen by less than 1%.
Elvorti (Kropyvnytskyi), a manufacturer of sowing and soil cultivation equipment, earned nearly UAH 1.5 million in net profit in July-September 2025, compared to a loss of nearly UAH 6.4 million in the same period of 2024.
This result is based on the company’s interim financial report for nine months, published on Wednesday, according to which it increased its loss by 27.8% compared to January-September 2024, to UAH 15.9 million.
Earlier it was reported that in the first half of this year, the loss amounted to UAH 17.5 million (almost three times more than in the same period last year).
According to the report, Elvorti increased its net income by 18.5% in January-September, to UAH 502.8 million.
As reported, in January-June 2025, the company’s net income increased by 27.8% compared to the same period in 2024, to UAH 339 million. Thus, in the third quarter of this year, it increased by 3% to UAH 163.7 million.
According to the report, in the third quarter, the company exported products worth UAH 52.4 million, which accounted for 32% of sales for this period (in the second quarter – UAH 25.1 million). The main export markets are Kazakhstan, Moldova, Bulgaria, Latvia, and Romania.
In July-September, in particular, 115 seeders worth UAH 61.8 million, one cultivator worth UAH 616,000, 91 harrows worth UAH 30.4 million, four sprayers worth UAH 3.5 million, and two construction and road machines worth UAH 5.3 million were manufactured.
The average selling prices of seed drills were UAH 618,200, cultivators – UAH 326,600, harrows – UAH 357,600, and sprayers – UAH 1 million.
The company notes that Elvorti’s range of equipment is in seasonal demand, particularly seed drills and sprayers.
The main buyers of the equipment were, in particular, the Ukrainian companies “Tekhnotorg Don,” “Agro-Resource,” and “Agroprommontazh,” as well as Agropiese TGR Grup (Moldova) and Optikom OOD (Bulgaria).
Elvorti JSC, part of businessman Pavel Shtutman’s Elvorti Group, specializes in the production of sowing and soil cultivation equipment: seeders for sowing grain and row crops, cultivators for continuous and inter-row soil cultivation, and disc harrows for resource-saving soil cultivation.
Last year, the company reduced its losses by more than three times compared to 2023, to UAH 27.6 million, while its net income grew by 16.3% to UAH 570.5 million. This year, it plans to increase its revenue to UAH 712 million and break even.
As of September 30, 2025, the company employed 373 people.
Due to the full-scale war, the mining and metallurgical group Metinvest reduced its annual revenue from $10-12 billion to $5-6 billion, while remaining a profitable company, its CEO Yuriy Ryzhenkov said in an interview with the British newspaper The Times.
The war has significantly affected the financial performance of Metinvest, which sells a significant portion of its metal products in Ukraine and exports iron ore, flat-rolled products, and semi-finished products to 51 countries, including China, India, and the US.
According to Ryzhenkov, “before the war, the business usually had an annual income of $10-12 billion, and now this figure is around $5-6 billion. Despite this, the company remains profitable, and the CEO considers the impact of Trump’s tariffs to be insignificant.”
At the same time, it is noted that Metinvest’s largest enterprises were bombed and put out of operation, including the Mariupol metallurgical plants, which were one of the first battlefields. Metinvest’s revenue has halved, and its workforce has shrunk to around 50,000. Tens of thousands of people have lost their jobs at the group’s enterprises; 8,000 are now serving in the Armed Forces, and 764 employees have been killed.
Despite these losses, top management has managed to keep those who remained in the company motivated. Metinvest is one of the largest private donors to the Ukrainian army, and its steel is used for shelters and military equipment.
“Employees feel that they are part of the resistance. And they are proud of it,” said the CEO.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in the European Union, the United Kingdom, and the United States. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
The Ukrainian baking industry operates in a highly competitive environment with low profitability, according to Oleksandr Taranenko, president of the All-Ukrainian Bakers Association.
“We bakers only know about 10% profitability from stories. Most companies operate with a margin of 5%, and sometimes even lower. At the same time, costs are constantly rising. For example, the rise in electricity prices has added 1% to the cost price, and this increase cannot be immediately passed on to the price – it takes months,” he said.
According to him, this is why forecasts of a 15-20% increase in the price of mass-market bread are not related to manufacturers’ desire to increase profits, but to the need to compensate for increased costs.
“Bakers are forced to raise prices. This is not an attempt to make a profit, but an attempt to survive. When production costs rise and prices cannot be changed quickly, companies simply go into the red,” Taranenko emphasized.
The average daily room rate (ADR) in five-star hotels in Kyiv in euros in 2018 increased by 15% compared with 2017, to EUR 150 per day, while the occupancy rate was still 45-50%, Natalia Chystiakova, the director of the appraisal and consulting department at Colliers International (Ukraine), has said. “The Kyiv market is represented by more than 100 hotels with 10,500 rooms and serves 1 million visitors per year. In 2018 the market actually came to life for the first time after the situation of 2013-2014. There was an increase in ADR and occupancy … If next year the situation is stable, a further growth is planned,” she said at a press conference at the Interfax-Ukraine agency.
According to the expert, for the whole year the ADR indicator in Kyiv hotels grew by 10% and is approaching the 2013 level. At the same time, in the segment of five-star hotels, the second year in a row shows a rather low occupancy rate of 45-50%, while ADR rose by 15%, to EUR 150 per day. At the same time, in the category of three- and four-star hotels, ADR did not grow over the year, but the occupancy rate increased by 5%.
According to a company press release, the average occupancy rate of four-star hotels in 2018 was 50-58%, three-star hotels some 55-65%. The room rates were EUR 80 in the four-star segment, and EUR 45 in three-star hotels.
