Siberia | Real estate

London & Regional Properties to build $30m Hilton hotel in Novosibirsk

1 Nov '10
Developer London & Regional Properties has announced plans to build a $30m Hilton hotel in Novosibirsk, the second Hilton in the city.

The partner in the project is Sberbank, the firm said.

Under the project, the company is to build a three-star Hampton by Hilton hotel.

The developer is currently selecting a land site in the city center. Timeframes for the project have yet to be disclosed.

Earlier Marchmont wrote about opening of $65m hotel Double tree by Hilton in Novosibirsk (see news of October 22, 2010).
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Locations: Novosibirsk

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