Ten years and 1.2 billion rubles. It took the Italian Investors, to build in the center of the city five-star hotel. Domina Prestige is the first object of the Italian chain Domina Hotels Group in Russia. The competition between the hotels of international chains in the high price segment is not too spicy, but in the season of low prices the hotel will have to fight for the client and with a "cheap" players, experts say.
In the Domina Prestige Hotel St.Petersburg has 109 rooms. Technical opening of the hotel took place on March 1, 2012, now the hotel is filled to 100%, the average load for the year is projected at 79-80%, says the general manager of the hotel Blake Anderson Buntz. Investor the project was the Italian holding Domina Hotels Group businessman Ernesto Preatoni. Investments amounted to 1.2 billion rubles., Loans were not involved, he says. Implementation of the project began in 2001, but long-term investor had to spend the settlement of property issues, talk to DHG.
The hotel has a good location — close to St. Isaac’s Cathedral, in addition, the hotel segment of "high quality", to which the Domina, the competition is not too high, said senior vice president of Jones Lang LaSalle Hotels Marina Smirnova. "However, it is possible that in the low season, when prices will level off, the new hotel will have to compete with the players and the lower price segment," — said the expert.