-
Exemption of Ukrainian Hotels from Income Tax
Verhovna Rada of Ukraine registered a draft law № 6309 “About amendments made to some laws of Ukraine for the purpose of development and preparation of hotels for the Final Part of the European Football Championship 2012 in Ukraine”. The main point is exemption from income tax of 3-5* hotels which was reconstructed, repaired or…
-
Hotel Real Estate of Ukraine under Recession Conditions (published by HotelExecutive.com)
Financial recession affected all the spheres of Ukrainian economy. Real estate market suffered as well. If the profit of construction business was equal to 250-300% during 2005-2008 those figures seem utopian nowadays. Construction volumes declined. According to the data of Statistic State Committee, from January to November 2009, the volume of realized construction work is…
-
Roadside Hotels of Ukraine – Reality
Mass automobilization, highway development and absence of quality services on Ukrainian roads results in investment attractiveness of roadside hotels and motels in Ukraine. Ukraine is situated on the crossroad of Eurasian traffic streams, its territory makes up 5,7 % of Europe’s territory and 0,44 % (43-d place in the world) of the world’s one. Ukraine has a…
-
Office Real Estate of Ukraine: Change of Trends and Prospects
The beginning of 2008 foreboded no troubles for the most of office property developers and owners. Growth of rates, excess of demand over supply, lessees’ plans to expand office areas – everything spoke in favour of high profits for developers and owners of the property that was in operation at the time. However, accumulated disparities…
-
Investment Opportunities in Agricultural Sector of Ukraine
Does it really make any sense to invest into the agricultural sector of Ukraine? Sounds the same as to ask if it makes any sense to invest into computer technologies in Japan, car building industry in the USA, oil production in UAE, winter tourism in Austria and Switzerland or summer resorts on the Adriatic coast. Hunting…
-
Strategy of Investing into Hotel Business in Ukrainian Environment
Hotel business is one of the main components of Ukrainian economy. Effective functioning of hospitality sector is an indicator of positive changes in national economy, important precondition of country’s international relationship intensification and integration into the world community. The unique natural and climatic resources, historical and cultural heritage are obvious factors for the growth of…
-
Retail Property Market of Ukraine: Crisis Tendencies
The year of 2008 appeared to be critical for the retail property market as well as for other real estate market segments in terms of changing development tendencies. The forecasts of the beginning of 2008 and the actual market situation at the end of the year and the beginning of 2009 differ significantly. The 2008…
-
The Forecast of Residential Housing Market Development
What are the prospects of further development in the residential housing industry? Hardly anyone dares to disagree that the number of players on the market will reduce – and, by the way, this is precipitantly happening now. In this respect, bankruptcy poses threat for both small companies having realized 1-2 projects and big players who…
-
Forecast of Hotel Business
The Economic Recession did not Avoid Ukrainian Hotel Market To European Football Championship 2012 in Ukraine about 200 new hotels should be built. However for today the pace of hotels reconstruction and building does not coincide with requirements of UEFA. Considering the situation on European and world credit markets the plans of local and foreign…
-
EURO-2012. Hotel Business Development of Ukraine
In Chinese the word “crisis” has to meanings. First – dangerous, the second one is opportunity. Having overcome deep crisis in the 90- s caused by structural, political and economic changes of the country today Hotel market of Ukraine is investment attractive. After the collapse of Soviet Union such world known companies as Hilton Hotels…
