News from the Russia & CIS Hotel Investment Conference (RHIC) taking place October 21st – 23rd at the Radisson Blu Resort & Congress Hotel in Sochi, Russia, also heralds the coming of the much anticipated 2014 Olympic Winter Games there. The news from Bench Events and Questex Media Group LLC, the co-organizers of the event, promises yet another premier hotel investment event.
A report from KPMG; ‘International Hotel Operators in Russia’, tells of major hotel brands expanding to twice their current presence by the year 2018. Last year’s accelerated growth and the immediate future are discussed, as well as extended reach within the country.
The KPMG data shows that not only are key centers like Moscow