Investment Banking show Accor hotel expanssion in Russia – Cash In On The Social Media Revolution Now

The total Project Financing cost is estimated at $216.6 million. Hindmarsh LLC t/as Hindmarsh Finance proposed an IFC financing package which includes an A loan of up to $40 million.

The locations of the individual hotel sites, which have all been acquired or leased with clean titles, are as follows: Saint Petersburg, Kazan, Yekaterinburg, Krasnodar, Ufa and Novorossiysk.

All sites are located in the central district of their respective cities; they are all being built on a barren parcel of land which was acquired though a “willing-buyer-willing-seller” process, no expropriation was involved in any of the acquisitions.

No new involuntary resettlement will result from the Project; in the past the Krasnodar and Ufa sites involved resettlements and IFC is comfortable that these were carried out in compliance with its guidelines.