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
RIGA, June 20 (LETA) - Today, the Latvian national airline "airBaltic" congratulated its customer Zane Jaunbelzeja, who purchased the 1,000,000th flight ticket this year on the airline's...
This year Positivus festival will host the fifth annual Red Bull Music Academy stage,first time located at the beach. The Red Bull Music Academy stage will feature some of the best international and Baltic...
The opening of a museum dedicated to U.S. art superstar Mark Rothko in his Latvian birthplace is raising hopes the city of Daugavpils (southeastern Latvia) could attract thousands of new tourists and...
On an invitation by President Valdis Zatlers, Prince Albert II of Monaco will arrive on an official visit to Latvia on June 1.