Russia leaders in Stavropol

RUSSIA ̶ The organisers of the Russia & CIS Hotel Investment Conference (RHIC) have announced they will host a regional briefing from 24-25 April in Kislovodsk, Russia, in partnership with the Stavropol region administration and Chamber of Commerce. The aim of the event is to discuss the long-term vision of the South Russia hospitality and tourism sector.
“Let’s invest in the Stavropol region” is the theme of this invitation-only event, which will bring together hotel investors, regional and international operators, developers and government officials. They will meet to gain a deeper understanding of the needs of this market and provide an intelligence update on the local hotel market for investors.
Resorts and tourism are two of the most attractive investment opportunities in the Stavropol region – which boasts KMV (Kavkazskye Mineralnye Vodye), recognised as the recreational and therapeutic center of Russia. By 2020, the Stavropol region government plans to double the size of MKV in a programme that includes modernizing existing properties and constructing of new ones. These works will be financed by private investors and will undoubtedly attract foreign capital.
"Pyatigorsk Plaza", a sanatorium and tourist complex in the region, also offers investment opportunities. Featuring more than 6 hectares of land in the south-eastern slope of Mount Mashuk, the complex includes a B&B, a medical centre, a conference hall, a swimming pool and a restaurant. There are also plans to build a cable car connecting the sanatorium Plaza to lake Proval.
The Stavropol Government has an investment policy that will create a favourable environment for both Russian and foreign investments to the region. According to Andrey Murga, Deputy Chairman of the Regional Government: “Stavropol is a unique region of southern Russia with recreational resources and resorts dating back 200 years; it is full of rich cultural hospitality traditions. This territory offers successful development and is one of the fastest growing regions in Russia.”
“We have chosen Stavropol to host our regional briefing because we believe in the efforts of the region to invest heavily in the hospitality and tourism sector, which is expected to boost job creation in the next few years,” added Jonathan Worsley, chairman of Bench Events and co-organiser of RHIC.
RHIC 2014, which is organised by Bench Events and Questex, will take place at the Radisson Royal Hotel from 21-22 October 2014. The conference will include key participants such as: A.N.D. Corporation, ACCOR, AECOM Economics, Airports of Regions, AZIMUT Hotels, Best Western International, Capella Hotels and Resorts, Carlson Rezidor Hotel Group, CH-Group, Cushman & Wakefield, Dentons, DLA Piper, EBRD, EY, Expedia Lodging Partner Services, Gleden Invest, Hilton Worldwide, Horwath HTL Hungary & Russia, HVS, IHG, Interstate Hotels and Resorts Europe, JLL, Marriott International, Inc., Ostrovok.ru, Regional Hotel Chain LLC, Starwood Hotels & Resorts Worldwide, Inc., Unistroy, URBANE Group LLC, Venture Investments & Yield Management LLP, Warimpex Finanz -Und Beteiligungs AG, Wyndham Hotel Group.

About Bench Events

Bench Events has a long track record of delivering, with its partners, the premier hotel investment events across Europe, the Middle East and Africa. Bench Events’ Chairman, Jonathan Worsley, works in association with the highly successful International Hotel Investment Forum which is now in its seventeenth year (www.berlinconference.com). In 2005, he was responsible for launching the Arabian Hotel Investment Conference in Dubai (www.arabianconference.com); and in 2008 launched the Russia & CIS Hotel Investment Conference (www.russia-cisconference.com). In 2011 Bench Events added two events to its portfolio, co-hosting the Turkey & Neighbours Hotel Investment Conference (www.cathic.com) and launching the Africa Hotel Investment Forum which in 2013 was held in Nairobi, Kenya (www.africa-conference.com). In 2014 Bench Events will launch the Global Restaurant Investment Forum (www.restaurant-invest.com).
Bench Events recently supported the Kenyan Red Cross following the Westgate Mall shootings and the anti-poaching efforts of the David Sheldrick Wildlife Trust. www.benchevents.com.

About Questex Media Group LLC

Questex Hospitality + Travel, the largest multimedia organization in the world dedicated to hospitality and travel, drives revenue, productivity and value creation for these related industries through strategic investment and deal-making forums, powerful lead-generation tools, interactive online business solutions, world-class events and industry-leading publications.
Questex Hospitality + Travel operates throughout the United States and Americas regions, EMEA and Asia/Pacific through a variety of market-leading properties and services including International Hotel Investment Forum (IHIF) Berlin, North America Hotel & Tourism Investment Conference, Asia Pacific Hotel Investment Conference, Asia Pacific Tourism Destination Investment Conference, Brasil Hospitality Investment Conference, Russia & CIS Hotel Investment Conference, Turkey & Neighbours Hotel Investment Conference, HOTEC Design North America and HOTEC Operations & Technology North America; lead generation portal HotelManagement.net; industry news delivery services in print, online and mobile worldwide via IHIF: Hotel Investment News along with Hotel Management and HA+D magazines. www.questex.com.