Italian designer Giorgio Armani's investment vehicle is to build a $150m hotel in the south of Russia. The hotel will be located in the region of Stavropol and will feature 100 rooms on 30,000m² of land. The investment follows the Russian Government's plan to develop a
Italian designer Giorgio Armani’s investment vehicle is to build a $150m hotel in the south of Russia.
The hotel will be located in the region of Stavropol and will feature 100 rooms on 30,000m² of land.
The investment follows the Russian Government’s plan to develop a mineral springs resort and mountain ski resorts.
Armani opened its first 160-room hotel in Dubai in 2010.
