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WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
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Radisson Blue hotel in Olympic Sochi put up for sale

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Radisson Blue hotel in Olympic Sochi put up for sale

Russian Bank for Development and Foreign Economic Affairs (the VEB) plans to announce an open tender for the sale of Radisson Blue hotel in Sochi at the end of the tourist season, the bank’s Chairman, Sergey Gorkov, said on the sidelines of a forum “Russia – Islamic World: 2017 Kazansummit held in the capital city of the Republic of Tatarstan.

“There is no negotiations so far, there will be an open tender. It will be launched, I suppose, in autumn, because it is unprofitable to hold it now, because it is important to go through the season,” Gorkov said, noting that currently in Sochi there was a good tourist flow.

In September 2016, Deputy Economic Development Minister, Nikolai Podguzov, did not exclude the sale of developer assets of the VEB in 2017, one of which is Radisson Bluе.

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