AZIMUT sets to renovation

CRE
May 1, 2012
AZIMUT Hotels has launched renovation of its biggest in the city AZIMUT Hotel Petersburg.

In the words of Remco Gerritsen, CEO of AZIMUT Hotels, the renovation program will last one year and will be the biggest one since the time of the hotel construction. The hotel won’t close its doors for the time of renovation.

Reconstruction is split into three phases, by the number of blocks. The first phase that has already been launched will involve 4,400 sqm of floor space – these are 190 rooms and a public zone in the hotel’s eastern wing. Investments will amount to 150 mln. rubles. The works will be completed by this summer. STEP acts as general contractor of this renovation phase. Total investments in renovation of the entire 48,200-sqm building (about 1,000 rooms) will reach at least 800 mln. rubles, in expert estimation.

“The facade exterior won’t change as we are happy about it, but the rooms and public spaces will be totally renewed,” said Mr Gerritsen. In his words, the new rooms' standard developed by the German bureau Bruzkus Batek will subsequently be introduced in other hotels of the chain as well. “The owners of inner-city hotels, especially of those built in Soviet times, are keen on their renovation. Apart from AZIMUT, similar plans were promulgated by the owners of Oktyabrskaya Hotel near the Moscow Train Station and Saint Petersburg Hotel on Pirogovskaya Embankment. The condition of these hotels no longer matches their prime location and in order to attract more guests and boost their business profitability, their owners need at least the quality renewal of the room stock,” notes Rustam Dominov, Director of Hotel Construction at STEP.