X
Latvia.travel mobile app. Your official guide for travelling in Latvia.
Download

You are here

Three Riga hotels join ''Wellton'' hotel chain

02.04.2013

Three Riga hotels - ''Elefant Hotel'', ''Gertrude'' and ''Old Riga Palace'' have joined the ''Wellton'' hotel chain, the on-line news portal ''Freecity.lv'' informs.

Three Riga hotels - ''Elefant Hotel'', ''Gertrude'' and ''Old Riga Palace'' have joined the ''Wellton'' hotel chain, the on-line news portal ''Freecity.lv'' informs.

The purchase of the hotels are estimated in the million. The purchase of ''Elefant Hotel'' alone was LVL 4.4 million.

The new owner of the hotels is a Russian entrepreneur, however, his name has not been revealed. ''Freecity.lv'' writes that it has been rumored that the wife of Moscow's former mayor Yuri Luzhkov is involved in the hotel deal.

The news portal points out that there has been an increase in interest in Latvian hotels by Russian businessmen, who see Latvia as a stable investment environment.

Related news
Latvian practice ARHIS Architects has completed the Observation Tower in Jurmala positioned within the Dzintaru park in Jurmala, Latvia. The 38-meter tall structure is enclosed with an open-air cage...
A total of 1,122,926 visitors stayed at hotels and other accommodations in Riga in 2014, which represents a 15.6 percent increase on 2013. The total number of tourists visiting the city reached 2 million last...
This summer, from June 30 to July 10, three Latvian cities – Riga, Liepaja and Valmiera will host the prestigious 2011 FIBA U19 World Championship for Men.
The dance part of this summer's XXV Nationwide Latvian Song and XV Dance Festival will gather the  largest number of folk dancers in the festival's history.