VTB Bank has opened a $67.1 million
The 48,800 square metre Sheraton centre will include a
"I am confident that the new business centre in
"Financing hotel developers is an important area of VTB’s business. The bank focuses on such projects in Moscow as well as other Russian regions. So far this is the largest development project in the Rostov tourism sector," he added. The construction is to be completed in the third quarter of 2014.
Megapolis Group is the official developer of the Sheraton project, the first multifunctional business centre in the Rostov Region, a combination of a
The new hotel will be the third Sheraton built in Russia, with the chain’s two other hotels located in Moscow — the Sheraton Palace Hotel Moscow and the planned Sheraton Moscow Sheremetyevo Airport Hotel.