In January-February, the IFC company, which is part of Kievskaya Ploshchad, registered several domains with the following names – “hotel-russia”, “moscowhotelrussia”, “Russia-MGK” and so on. This company is building a five-star hotel with apartments on 64,000 sq.m. A couple of years ago, Kievskaya Ploshchad Group signed an agreement with the French operator Accor to manage this hotel. It was supposed to open under the Raffles brand.
The flagship hotel, located next to the Kremlin, was planned to be managed under the prestigious Raffles Hotels & Resorts brand and is expected to open in the second half of 2022, becoming the first Raffles hotel in Russia.
Accor has abandoned expansion plans in Russia, after its invasion of Ukraine. The French owner of the Novotel and Ibis chains said it had suspended all planned openings and developments in Russia and any loyalty partnerships with Russian companies, although it will continue to run more than 50 hotels in Russia.
