Renowned Hotel Sovetsky goes under hammer
Published: 19 June, 2007, 21:20
The Hotel Sovetsky in central Moscow has been sold at auction for $US 63 MLN. The new owner, business tycoon Shalva Chigirinsky, has promised to renovate the building and reopen it as a hotel.
Before the Bolshevik Revolution, the legendary building hosted a famous Yar restaurant, which was loved by Russia' s outstanding writers, musicians and actors – such as Anton Chekhov, Fyodor Shalyapin and Konstantin Stanislavsky.
In the 1950s, Stalin's order turned it into a hotel which accepted mostly official delegations from other countries.
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