International hotel operators are interested in buying two hotels in the center of Kyiv

International hotel operators are interested in buying two hotels in the center of Kyiv

Several world well known multinational hotel companies are interested in the privatization of two state-owned hotels in the center of Kyiv

As you know, state-owned hotels in the center of the capital can become the flagships of privatization in 2024.

"In particular, we are talking about the Kozatsky hotel. We see a lively interest of the market and investors in this object. There is also the hotel "Ukraine" - it is the heart of the capital. We clearly feel interest in both hotels," said Vitaly Koval, head of Ukraine's State Property Fund.

Ukraine's State Property Fund has already determined the starting price for the sale of the "Ukraine" hotel - UAH 1.34 billion. without VAT We previously reported that Ukraine's State Property Fund plans to put the Kyiv Hotel "Ukraine" up for sale in the 3rd quarter of 2024.

"Today, the hotel "Ukraine" has four stars, which in a private format can become a "five" in terms of characteristics. And this opens up opportunities for the entry of many global hotel chains. Hotel "Kozatskyi" has two stars. But its unique location makes it possible to raise its status thanks to reconstruction and make it at least four stars," said Vitaly Koval.

The head of Ukraine's State Property Fund refused to name the companies interested in investing in the hotel, so as not to harm the privatization process.

"I can say only one thing: several world-renowned networks are already asking for technical specifications, clarifying the details of the terms of privatization. They are interested in these objects, we can see it. There are already three interested networks," added Vitaly Koval.

In February 2024, we reported that another hotel "Express" in the center of Kyiv could be put up for privatization or leased.

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