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Kempinski branded luxury residential complex will be built in Armenia, the project cost is more than $200 million

The Artlife Kempinski Residences Yerevan complex under the international Kempinski Hotel brand will be commissioned in Armenia in early 2025. YEREVAN, July 7. /ARKA/. The Artlife Kempinski Residences Yerevan complex under the international Kempinski Hotel brand ...

07/07/2023


Kempinski intends to build $100-million hotel in Yerevan

A representative of Kempinski hotel chain will travel to Armenia to seal a deal with Gagik Tsarukyan, an Armenian tycoon, Hraparak reported Wednesday referring to its own sources. YEREVAN, November 15. /ARKA/. A representative of Kempinski hotel chain will travel to ...

11/15/2017


OSCE calls on Azerbaijan, Armenia to refrain from use of force and engage in dialogue

The OSCE calls on Azerbaijan and Armenia to refrain from the use of force and to engage in a meaningful dialogue to resolve the Nagorno Karabakh conflict, Bartosz Kempinski, a spokesman for OSCE Chairman-in-Office Zbigniew Rau, said when asked by Armenpress news how the OSCE Chairman-in-Office assessed the January 11 provocation of Azeri armed forces in the eastern direction of Armenian-Azerbaijani border, causing ...

01/12/2022


Armenia to have ten branded hotels in few years: Minister

... like Marriott and Golden Tulip hotels in Yerevan. The second Marriott hotel will be built in the resort town of Tsakhkadzor. He said there are four Best Western hotels and another one is set to open next year. Also in 2013, Armenia will have Hyatt and Kempinski branded hotels. According to the minister, the seasonal demand for hotel rooms in Armenia exceeds supply, which is a good signal for the opening of new hotels. He also said five, three-and two-star hotels need also to be built. Earlier this ...

10/19/2012


Armenian government sells government building

... says the buyer has committed to invest as much as required to remodel the building into a five-star hotel by preserving its historical and cultural appearance. Earlier, the chief architect of Yerevan Narek Sargsyan, said the building may be sold to Kempinski Hotels Group. He also said that the foreign and Diaspora ministries may move into a building that will be built in lieu of former justice ministry that was destroyed by a fire four years ago. Earlier this year the Kempinski Group of Hotels said ...

10/04/2012


To Europe without a visa - is it ever possible?

... development fund or investing in luxury hospitality projects, such as acquiring shares in government-approved initiatives. Since these programs began, several impressive hotels have been developed, including the Park Hyatt St. Kitts , Cabrits Resort Kempinski, and Six Senses La Sagesse in Grenada. Additionally, the Intercontinental Grenada Resort is currently under construction, with shares still available for those interested in citizenship. Existing hotels, like the Hodges Bay Resort in Antigua,...

05/13/2025


Moscow to host first exhibition of elite new buildings in Armenia

... The exhibition will also serve as a platform for international brands that are beginning their operations in Armenia's development sector. Featured properties include premium residential complexes and hotels managed by global hotel operators such as Kempinski, Pullman, Mövenpick, Milano Firenze, Novotel, and others. Among the showcased buildings are Amanoo, Skyline, Ayvazovski, Ember, Firdus 33, Old Yerevan, HEVN, Dalan Technopak, InTown, Allure Residence Dilijan, Argishti, and several other projects....

03/11/2025


Five Armenian ministries to relocate to new building before 2016 February 20

... drams (about $ 27 million.). The current building of the foreign ministry was sold by the government in 2012 for $51.3 million to Tango company, owned by Argentinean businessman of Armenian origin Eduardo Eurnekian, who will remodel it into a five-star Kempinski hotel.-0-

12/17/2015


Ownership of Armenia’s foreign ministry building to change in 2016

... department Arman Sahakyan told reporters on Friday.  The building was sold to Tango Ltd belonging to Armenian Argentinean businessman Eduardo Ernekayn for 51,270,840 dollars under a government decree of 2012.  According to earlier reports, a five-star Kempinski hotel was expected to be built in the place of the building.  During 2016 the foreign ministry is expected to move to a new building and hand over the old one to Tango, Sahakyan said.  The current foreign ministry building was built in the ...

01/30/2015


Edifice of Armenian Foreign Affairs Ministry to be sold to Tango for $51.2 mln

... businessman of Armenian descent Eduardo Eurnekian. She clarified the contract with Tango will be signed on April 30. Last October 4, the government had given green light to selling the building to Tango Company for $51.271 million. Earlier last year the Kempinski Group of Hotels said it signed a contract to manage a five-star hotel in Yerevan that would be housed in the foreign ministry building. It said the five-star hotel will offer 150 spacious and elegantly decorated rooms and suites.   Later, the ...

03/05/2013


Auction of Armenia’s Foreign Affairs Ministry failed as no buyers showed up

... company is sill valid,” Sargsyan said. Last October 4, the government had given green light to selling the building to Tango Company for $51.271 million. Tango is owned by Argentinean-Armenian businessman Eduardo Eurnekian. Earlier last year the Kempinski Group of Hotels said it signed a contract to manage a five-star hotel in Yerevan that would be housed in the foreign ministry building. It said the five-star hotel will offer 150 spacious and elegantly decorated rooms and suites.   Sargsyan ...

03/05/2013


Armenian government to auction foreign ministry edifice on March 5: starting price is $51,271 million

... statement posted on its official website. Last October 4, the government had given green light to selling the building to Tango Company for $51.271 million. Tango is owned by Argentinean-Armenian businessman Eduardo Eurnekian. Earlier last year the Kempinski Group of Hotels said it signed a contract to manage a five-star hotel in Yerevan that would be housed in the foreign ministry building. It said the five-star hotel will offer 150 spacious and elegantly decorated rooms and suites.   Arman Sahakian,...

02/22/2013


Government of Armenia to auction foreign ministry building

... the ministries of foreign affairs and Diaspora.  Earlier, on October 4, it had given green light to selling the building to Tango Company for $51.271 million. Tango is owned by Argentinean-Armenian businessman Eduardo Eurnekian. Earlier this year the Kempinski Group of Hotels said it signed contracts to manage a  five-star hotel in  Yerevan that would be housed in the foreign ministry building. It said the five-star hotel in Yerevan, scheduled to open in 2013, will offer 150 spacious and elegantly ...

12/27/2012


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