OREANDA-NEWS. October 11, 2012. A 10-year immunity from taxes of hotel business has significantly increased construction of new hotels - only this year in Ukraine 56 large hotels have been built.

That was stated by Prime Minister Mykola Azarov during discussions of the President's Economic Reform Programme implementation with representatives of local authorities and local governments, institutions of social and humanitarian spheres at the Odesa National Academic Opera and Ballet Theater.

"We freed hotel business from taxation and 56 good, big hotels have been built in Ukraine only for last year," Mykola Azarov said.

He stressed the Government has embarked on such a step in order to upgrade a hotel infrastructure in the country.