on 18 September, an auction for the privatisation of the Ukraina Hotel will be held. The auction will be held in the Prozorro.Sale system. The starting price of the hotel is UAH 1,047,637,152. This was reported by Komersant ukrainskyi
with reference to the SPFU.
“The Ukraine Hotel is a 4-star hotel located in the centre of Kyiv, on Independence Square.
The building has a total area of 22,481.5 m² and consists of 14 floors. It has 363 rooms, 8 conference halls and meeting rooms.
The hotel has a main restaurant “Ukraine” with a total area of 451 m² for 250 people and 4 banquet halls. The business centre is located on the 1st floor and has modern office equipment. There are also 6 conference halls and meeting rooms.
The hotel offers a beauty salon, a sauna and a massage room, and a car park for 69 cars. It is possible to order a private laundry service.
It should be noted that the privatisation of the Ukraina Hotel in the centre of Kyiv was announced by the Head of the State Property Fund in January 2024.
Koval noted that the hotel had over UAH 45 million in debts. However, it is now functioning better than a year ago, and shareholders are interested in the building, Koval said.
What is known about the Ukraina Hotel
The four-star Ukraina Hotel (formerly known as Moskva until 2001) is located at 4 Instytutska Street in the centre of Kyiv. It was subordinated to the State Administration of Affairs.
At the end of December 2021, the State Enterprise “Hotel Ukraina” (Kyiv) was transferred from the State Administration of Affairs to the Ministry of Infrastructure. The relevant decree No. 677/2021 was signed by President Volodymyr Zelenskyy.
the 14-storey building was built on the site of the Ginzburg Skyscraper, a multi-storey apartment building owned by the “king of contractors” Lev Ginzburg. At one time, the hotel was one of the tallest skyscrapers in modern Ukraine.
The hotel offers more than 300 rooms of various categories: business suite, deluxe, superior standard, standard, economy, exclusive rooms (executive suite and duplex). The hotel has two restaurants of 94 and 450 sq m with a capacity of 30 to 160 people, and two banquet halls of 21 and 46 sq m with a capacity of up to 12 people.