Mandarin Oriental Hotel Group has signed a management contract for a new hotel and branded residences in Moscow, which are expected to open in 2021.
Bulgari Hotels & Resorts has signed an agreement with Russian investor Alexey Bogachev to bring the luxury hospitality brand to Moscow. Moscow-based real estate development company Storm Properties is developer of the project. Plans for the Bulgari Hotel in Moscow have been announced, and it is expected to open in 2019.
Costa Cruises is to launch a new summer cruise on board the Costa Luminosa, allowing guests the unique opportunity to visit Moscow for a day. The ‘Jewels of the Baltic’ itinerary is available throughout August 2016, with weekly sailings from Stockholm. Costa Luminosa calls at Helsinki, St. Petersburg and Tallinn, before returning to Stockholm
Moscow landmark the Hotel Metropol has been sold into private hands following an auction. The five-storey Art Nouveau jewel sits just off Red Square, opposite the recently renovated Bolshoi Theatre.
Russian prime minister Vladimir Putin has outlined plans to merge, renovate and privatise two major airports in the capital Moscow. Under the proposals, put forward earlier, the Russian state will pay up to $1.7 billion for the 25 per cent of Vnukovo Airport it does not already own, eventually merging it with Sheremetyevo.
Room rates in Moscow remain the highest in the world for the fifth consecutive year, despite a 12 per cent year-on-year slide to £266 per night. They were also over a fifth higher than the second most expensive destination, Abu Dhabi (£223).
American billionaire Ronald Lauder of the Estée Lauder cosmetics empire is to embark on a $2bn venture with the Moscow city government to manage and upgrade dozens of the capital’s hotels in time for Russia hosting the 2014 Winter Olympics.
Breaking Travel News interviews Kam Jandu, general manager for sales in the UK for bmi. Bmi is launching an online rewards tool for business travel programs. It has also grown its route network to Cairo, Moscow and Tel Aviv. The interview was conducted at the Business Travel Show, Earls Court, London.
Moscow has replaced Tokyo as the world’s most expensive city, according to the latest Cost of Living Survey from Mercer Human Resource Consulting.