Moscow Government Plans to Sell 13 Hotels as Early as Next Year

Moscow’s city government plans to sell the company that owns its controlling stakes in 13 hotels as early as next year, Deputy Mayor Andrey Sharonov said.

Properties held by United Hotel Co., including the Renaissance Moskva, Rossiya and Savoy, have a total of 222,000 square meters of space, Sharonov told reporters in Moscow today.

To contact the reporter on this story: Ilya Khrennikov in Moscow at

To contact the editor responsible for this story: Brad Cook at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.