Petrovsky Park Hotel JSC (PPO) has purchased from VTB structures the building of the five-star Hyatt Regency Moscow Petrovsky Park hotel (30.921 thousand square meters) on Leningradsky Prospekt in the north of Moscow. The newspaper Vedomosti writes about this.
The asset was sold as part of a strategy to sell non-core assets of a financial institution.
In August, VTB sold its other hotel asset, the five—star resort complex Swissotel Resort Sochi Camellia, to the Right Solutions company. The latter belongs to the chairman of the board of directors of the tour operator Fun & Sun Taras Demura, as well as businessman Igor Voskresensky.
The PPO is managed by the 360 Management hotel operator, whose portfolio includes the Chekhov Moscow Hotel on Malaya Dmitrovka in Moscow, the Promenade resort complex in Svetlogorsk, the Corner Place office in Nizhny Novgorod, as well as the SO hotels in St. Petersburg and the Primorye Grand Resort Hotel in Gelendzhik.
The founders of 360 Management JSC are Alexey Vasin and Natalia Gorguraki. The company is not the owner of the facilities, but is a management company. To date, its portfolio includes ten facilities that belong to six different groups of beneficiaries.
The Hyatt Regency Moscow Petrovsky Park Hotel (with 298 rooms) in the VTB Arena Park business cluster near the Dynamo metro station was opened at the end of 2017.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China. VTB Group's net profit under IFRS for the first half of 2025 amounted to 280.4 billion rubles.
On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.
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