Blau Hotels for Holidays to open first Spanish hotel property in Russia [Infographic]
A handshake to seal the deal between Nyesa Valores Corporation and Roxa Group
The opening of the hotel was made by a management agreement signed between Nyesa Valores Corporation and Roxa Group.
Nyesa Valores Corporation is set to open two new hotels: one is an urban project in Moscow and the other is a holiday resort located in Costa Rica.
Both projects stem from a management agreement the company has signed with the investment entity Roxa Group, which has over 30 years of experience operating properties in Mallorca, Cuba and the Dominican Republic.
This agreement will usher in several firsts, including the Roxa Group’s intention to expand its hotel sector investments, doing so by both managing and marketing these hotels under its existing chain, Blau Hotels for Holidays.
The property in Moscow will be the first Spanish-owned hotel ever opened in Russia.
Building the hotels as a team effort
As proof of their commitment to both projects, the Roxa Group will shoulder a small percentage of both hotels’ construction costs.
A further breakdown in the agreement clearly defines how Roxa Group will split the responsibilities of paying for part of the construction and managing the properties. Roxa Group’s real estate branch will take on the construction investment costs while its hotel branch, the aforementioned Blau Hotels for Holidays chain, will be charged with property management.
More about the hotels
The hotel in Moscow is to be a four-star hotel with 100 rooms and it will fall under the new brand Roxa. This brand, which will be announced soon, will have a focus on fitness and healthy living and be aimed at travellers who don’t want to neglect their gym habits while on the move.
The hotel in Costa Rica will be a 250-room upscale resort and is already undergoing construction. Once finished, it will overlook the Port of Puntarenas, a paradisiacal area popular among eco-tourists searching for adventure within the rainforest.
It will be one of the single largest tourism projects in all of Costa Rica, a country which continues to work to position itself as a major hub for tourism for both Latin America and the Caribbean.
Agreements also specify that the two new hotels will utilize cutting-edge technologies, implemented throughout the properties, making the rooms as interactive as they are comfortable.
Let’s take a look at the TOPHOTELCONSTRUCTION infographic detailing Russia’s project pipeline:
Best stories for you
ABOUT THE CHAIN