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Expansion of Haghartsin Hotel complex
Project Cost:
$ 4,000,000
Internal rate of return (IRR) -
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PROJECT DESCRIPTION
Investment Plan (1)
Disclaimer
"Haghartsin Hotel complex" is situated on the highway from Yerevan city to town Dilijan. It has an area of 1.57 hectares and is surrounded by forests. The Complex has 42 comfortable and superior hotel’s and cottages’ rooms, 2 restaurants with wide halls. There is an indoor pool, sauna, billiard halls, gym, children's room, cafe-bar, semi-open and closed pavilions and other objects for entertainment. According to the developed strategy, it is planned from the amount of company’s 50% shares’ sale and from investments of current profit construct new Hotel Complex on company’s land on the coast of Sevan Lake.
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