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International Brands in Russia
Despite the negative effect of the global economic slowdown, many international
brands continue their expansion into the Russian market. In Yekaterinburg,
which is the third largest city in Russia, the Hyatt Regency opened additional
296 rooms on April 1, 2009. By the end of 2009, the Accor group plans
to open two Mercure hotels in Russia, one in Moscow and the other in the
oil city of Tyumen as well as new Novotel in Yekaterinburg and 3 properties
under the Ibis brand: in Moscow, Kazan, and Samara.
http://www.tmiconsultancy.com
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