Russia’s RHC pushes ahead despite economy | hotelsmag.com

Regional Hotel Chain (RHC), a Russian hotel company owned by Andrew Yakunin, son of Vladimir Yakunin, the head of the country’s railway monopoly RZD, plans to invest up to US$150 million in its further development in 2015. As part of the plan, over the next several years RHC plans to open 30 hotels in Russia under global brand operators. Currently, RHC is working with IHG, Marriott International, Carlson Rezidor Hotel Group and RIMC CIS.