Hotel projects to be discussed at Town Planning council of Kaliningrad

The meeting of the Town Planning council of Kaliningrad will be held today, the press office of city administration reports.

Hotel business of Sochi: Sochi hotels stay empty in high season

Those who enjoy spending the vacations on the Black Sea prefer such resorts as Sochi, Anapa, Adler, Gelendzhik and Tuapse to the suburbs of Sochi – Vardane, Kudepsty, Betty and Dzhubgi. It is the conclusion of the research holding Romir which surveyed the occupancy of the most popular resorts of the Black Sea. More than 400 respondents older than 15 years took part in the survey, reported the press office of Romir. Survey revealed that Sochi is the number one popular destination as it catered to the every fifth respondent. The second place shared Anapa (according to 17% of respondents) and Adler (16%). Then came Gelendzhik (10%), Tuapse (8%) and Lazarevskoe (6%). 

Russia among the first business leaders in the world

Institutional Investor's annual survey of Russia's top business leaders shows that although the executives come from different backgrounds and are pursuing different strategies, they have one common denominator: very strong growth. Profit growth is strongest in consumer-oriented sectors where competition is the greatest. Earnings at eight companies overseen by the top-ranked CEOs jumped by an average of 39 percent in 2007.


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