Luxury Hotel in Russia - Opportunity for Investors?
I'm just back from a trip to several Russian Cities and even if I researched quite deeply I could not find anything better then average four star hotels.
I have been in Ekaterinburg, Tyumen, Rostov, Krasnodar.
Those are not exactly "small" unknown cities so I was particularly surprised, given the large amount of businessman traveling to those places (i might be wrong on this).
The top of the offer in Ekaterinburg was Radisson (That I believe is opening as well in Rostov/Krasnodar).
I really expected something different. I know those cities are not Moscow....but....
Do you really believe there is no market there or investors are just a bit...late?