Armavir city of Krasnodar region
Five-star Lotte Hotel Sochi will be built near the Riviera embankment by 2025, as reported by the press service of «Metropolis» group of companies, the investor of the project. The amount of investment in the project will be 6 billion roubles.
The hotel’s five-storeyed building will house 181 premium rooms. The hotel will also have open-air swimming pools, an original wellness area, an open recreational area on the rooftop, several shopping areas, and a two-level parking area. Lotte Hotel Sochi will become the fifth hotel of the South Korean brand operating in Russia. The implementation of the project will create 500 new jobs.
Lotte Group is a large Korean conglomerate comprised of more than 83 companies of various profiles.