The Nikolskie Ryady project involves the restoration of the historic former Nikolsky Market site of more than 33,000 sq.m., in the heart of St. Petersburg, and its further development into a multifunctional complex comprising mid-range and affordable hotel properties (3* hotel and hostel), winch will be operated under global hotel brands such as Holiday Inn Express and Meininger.
In line with conservation and preservation obligations, the load-bearing elements in the building’s construction, including the ‘fire-wall’ dividing the building into separate sections, will also be retained.
You can get updated on the latest news and current project progress by going to section:
Hotel Holiday Inn Express
The Holiday Inn Express hotel will have 244 rooms, occupying a total area of 10 300 sq.m., and will cater for leisure or business travellers seeking affordable and quality accommodation.
Commercial premises and space dedicated to would-be restaurants and cafes will be available for lease.
A list of and properties of the premises may be found here:Commercial premises
The hostel (Meininger) will have 158 rooms, with a total area of 7 300 sq.m., allowing its guests to enjoy its central location, reasonable prices, and vibrant modern atmosphere. This will be the very first hostel to be managed by an international operator in Russia.
A “Nikolskie riady” Hotel Operator working under Holiday Inn Express brand
InterContinental Hotel Group (IHG) company is the world’s largest group of hotels by the number of hotel rooms:
- 15 hotels of the network operate in six cities of Russia;
- The company manages 5099 hotels in 100 countries of the world with the total number of hotel rooms of 754 265;
- It owns 12 global hotel brands (InterContinental, Kimpton, Hualuxe, Crowne Plaza, Indigo, Even, Holiday Inn, Holiday Inn Club Vacations, Holiday Inn Resort, Holiday Inn Express, Staybridge Suites and Candlewood Suites).
IHG is currently focused on expanding its network in an attempt to make its brands as attractive as possible both for tourists and hotel owners.
A “Nikolskie Riady” Hostel Operator working under Meininger brand
Meininger Hotels is a new and actively developing operator that manages 16 hostel-type hotels in ten European cities with the total number of hotel rooms of 7023. MEININGER brand has been in existence since 1999. It stemmed from a simple idea to take what is best in hostels and hotels and then create a unique proposal by offering accommodation at comfortable and inexpensive hotels that are ideal for urban leisure.
General Design Contractor
“Liteinaya chast-91”Architect Bureau is one of the Saint-Petersburg’s market leaders in performing design work in the field of restoration, reconstruction and adaptation of historical and cultural landmark buildings and buildings situated in the boundaries of conservation areas, as well as in new construction. The Bureau has completed several hotel projects in Saint-Petersburg, both for newly constructed and reconstructed buildings.
Holiday Inn Express Hotel Interior Designer
“FUSION” Architect and Design Bureau is specialized in interior design of residential and hotel buildings in Russia and abroad.
The Company is also engaged in the design of a wide array of facilities: residential, public and office buildings, commercial and cultural centers.
Meininger Hostel Interior Designer
Lundwall Architects (Sweden) Design Bureau has extensive experience in creating interior design projects for hotels and hostels all over the world, including a large number of facilities in Russia under such brands as Park Inn, Hilton, Sheraton, Radisson Blu.
VIYM is an independent partnership which advises international investors, focusing primarily on PERE
investments in the hotel sector of Western and Eastern Europe, as well as providing growth capital
to SMEs across consumer sectors in CIS.
VIYM HOSPITALITY REAL ESTATE Projects in four European countries
RUSSIA, Saint Petersburg
FOUR SEASONS HOTEL LION PALACE
PARK ROYAL PALACE HOTEL
ANTOGNOLLA LUXURY RESORT AND RESIDENCES