Radisson Resort SAS Resort

According to the reports of press-service of NSU in 2006 Ukraine obtained 2.3 mlrd USD of investments. It means that comparing to the previous year the level of foreign investments increased in four times.

In particular the Crimea is one of the five leader regions in the terms of building growth (the terms of the building processes increased to 23%).

According to the data of the main statistical management in the Autonomous Republic of the Crimea, in the first quarter of 2006 foreign investors provided 12.7 mln USD. The contracts about the collaboration between the countries specify that the majority of foreign investments were made by partners from Great Britain, Germany, Cyprus, Switzerland, USA, Uzbekistan, Latvia and Russia. Quantity of the investments made by these countries is estimated as 87,3% of the whole volume of investments. According to the obtained investments to the Ukrainian property for sale the Crimea takes the valuable place among other regions of Ukraine Kiev, Dnepropetrovsk, Odesa, Doneck, Zaporizhzhya. Kharkiv.

Internationally-famous hotel brands are appearing outside Ukraine's capital into other big cities and regions of Ukraine.

Belgium-based Rezidor Hotel Line opened its gates for the visitors at its Radisson Resort SAS Resort in Alushta, a popular tourist spot along the whole Southern coast of Ukraine's Crimean peninsula. Another Radisson is going to be opened within several years in Yalta.

At this time, the governor of the industrial and economical city of Ukraine - Dnipropetrovsk, Viktor Bondar, said this month that a Hilton hotel complex would be developed in his city ahead of the Euro 2012 soccer championship to be hosted jointly by Ukraine and Poland.

Bondar described some details about who will back the project. He admitted that land for the hotel complex has been allocated in the downtown of Dnipropetrovsk.

The newly constructed Alushta hotel, which made a bright open ceremony in March, is the second Radisson to be opened in Ukraine, the first being in Kyiv.

Other international hotel brands expected to enter Ukraine ahead of the Euro 2012 football championship include Marriot and Kempinski.

Regarding construction of a Hilton hotel line in Dnipropetrovsk, she noted "we are looking at all opportunities in the main cities in the Eastern Europe, including this wonderful country. However, there are no firm plans in Ukraine other than Hilton Kyiv at the moment."

The Radisson Resort SAS proposes one of the most luxurious hotel accommodations yet available in the Crimea, or Ukraine overall. The facility has an outdoor swimming pool overlooking Ukraine's Black Sea coast.

Mark Lankveld, General Manager of the 4star Radisson SAS Resort in Alushta, admitted his hotel was rebranded under the Radisson name after "the Rezidor Hotel Group took over installation of the existing Crimean Riviera hotel this March."

Radisson manages its hotels in Ukraine under franchise agreements.

Lankveld declined to describe how much his company has invested so far into the rebranding and upgrading of the hotel line, saying that "the Rezidor Hotel Group is merely a hotel operating company" and does not own hotels.

He added that the actual hosts, whom he did not disclose, acquired the property in 2006 and "made the investments a lot to bring this hotel up to international standards."

According to Lankveld words, suites at the hotel start from $180 for a standard room and go up to $850 for a presidential suite.

Lankveld noted that Rezidor hopes to launch its Radisson Resort Bolshaya Yalta hotel in 2009-2010. In all, the Rezidor group plans to open about 11 Radisson hotels and 16 Park Inn hotels across the country in coming years.

"There is much more interest on the part of many developers for building residential housing in Crimea," he added.

Crimea is also known for its much higher prices than in more luxurious and exotic tourist spots such as Turkey and Egypt.