Intourist Will Open Tourist Complex in Altai Republic by 2010
OREANDA-NEWS. August 29, 2007. Intourist Group of Companies is planning to finish the construction of the resort-hotel complex "Altai-RESORT" in Mayaminsky district of the Altai Republic by 2010. LLC "Stepankovo" (100% of the stock belongs to Intourist VAO) leased the ground area on a long term basis, reported the press-centre of Sistema.
Tourist complex "Altai-RESORT" will include a four-star hotel with 120 rooms, mountain-skiing infrastructure, and SPA-complex. The sum of investment to the project is about $20 million.
OJSC "Intourist Hotel Group", affiliated with VAO Intourist, will manage the complex "Altai-RESORT".
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