Intourist Blocking Stake Publicly Offered

14 February 2018

The Moscow City Department of Competition Policy will carry out the auction on the Intourist travel operator on March 21, 2018. The initial offer is over RUR 990 mn. The main hotel assets of VAO Intourist are Savoy Westend Hotel 5* (Karlovy Vary), Principe forte dei marmi 5* (Toscana), Cosmos 3* (Moscow). The bids are accepted till March 13.