The resort city of Sochi, one of Russia's most popular tourist destinations will be adding a new hotel, just in time for the 2014 Olympic Games. The city is getting a boost in it's economy with several international tourism companies openeing up, including Hertz which opened three branches, Austrian Airlines, and Radisson SAS.
"Sochi 2014 today heralded the announcement that the international hotel chain, Sheraton, plans to open a hotel in Russia’s host city for the 2014 Olympic and Paralympic Winter Games. The new hotel development, which will open in 2011, is a further example of major investment into Sochi as a result of the city being awarded the right to host Russia’s first ever Winter Games. The new 200+ room hotel will play an important role in the transformation of Sochi, which is already Russia’s most popular summer tourist destination welcoming more than four million visitors a year. The area currently boasts around 400 2-5 star hotels, with that number set to increase significantly up to 2014 and beyond. Dmitry Chernyshenko, President and CEO of Sochi 2014, said: “I am delighted that Starwood Hotels and Resorts has chosen Sochi to build only the second Sheraton Hotel in Russia. More than five years before Russia’s first Winter Games takes place it is already acting as a major catalyst for investment in the Krasnodar Region. This will create a significant economic legacy for the people of Sochi, including new jobs, while providing a huge opportunity for the companies recognising the potential of our beautiful Black Sea resort.” The Sochi Sheraton will be a top-of-the-range hotel, including five restaurants, four bars, including a roof-top bar with views of the Black Sea and its surroundings."
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