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Business news, 24.10.2001 17:04

Grand Hotel "Europe" is going to create a mini-hotels system.

Grand Hotel "Europe" is going to invest $ 5,5 mln into creating a mini=hotels system in St. Petersburg, at Kamenny Island. Construction of the first object of $ 1,6 mln cost is already finished. Grand hotel "Europe" received permission and is ready to start the construction of another 6 objects. Now the project of a 3-star hotel at 14, Malaya Morskaya st. is being worked out. The hotel's total space is 11 thousand sq. m., it contains 210 rooms.

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