The real estate development company "REDco" will build Starwood’s W Hotels brand hotel on Rustaveli Avenue or Vera-Vake district in Tbilisi.
"REDco" Director General exclusively told "Commersant" that the company is searching for the land plot and area for construction and the project is expected to commence this summer. In Mirian Katamadze’s words, the office premises are planned to be placed in a multi-storey hotel in which the company intends to invest $ 100 million.
" W hotels" owns over 46 hotels in 24 countries. "REDco" has already brought in Georgia "Starwood’s" another brand - "Le Meridien" which will be placed in "Batumi Tower" in the capital of Adjara.
Source:commersant.ge |