Starwood to make Armenian debut next year

Starwood Hotels & Resorts Worldwide has announced plans to make its Armenian debut. In the summer of 2017, The Alexander, a Luxury Collection Hotel, will open in Yerevan as part of a partnership with Tsupani CJSC.

“On the heels of surpassing the 100th-hotel milestone, The Luxury Collection continues its rapid expansion with the signing of The Alexander in the historic destination of Yerevan,” Michael Wale, president, Starwood Hotels & Resorts, Europe, Africa and Middle East. 

“In addition to being the first Starwood hotel in Armenia, the signing of The Alexander showcases our commitment to the burgeoning CIS travel market,” Anatoly Kondratenko, senior director of Starwood development for Europe, Africa and Middle East, added

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

The Alexander will be close to the Republic Square, close to the Institute of Ancient Manuscripts (known for its literary anthology dating back to the ninth century), the seven fountains and the History Museum and National Art Gallery, the largest art museum in Armenia. 

The new-build property will have 114 rooms.

Currently, Starwood operates nine hotels in The Commonwealth of Independent States (CIS) under five of its brands, including The Luxury Collection, W, St. Regis, Sheraton and Four Points by Sheraton. Starwood is expanding its presence across the region with five new hotels expected to open by the end of 2018. These include The Alexander in Yerevan, The St. Regis Astana and The Residences at The St. Regis Astana, Four Points by Sheraton hotels in Krasnodar and Moscow Vnukovo Airport, as well as Sheraton Rostov-on-Don in Russia.

Suggested Articles

The Peppers Airlie Beach resort in north Queensland is up for sale via an International expressions of interest campaign.

Ahead of the Mediterranean Resort & Hotel Real Estate Forum, Atrium Hotels' Athinagoras Konstantinidis discusses hotel opportunities and challenges.

The Radisson Red Miraflores has 100 guestrooms, a games studio and a fitness center.