Kyiv’s Hotel Dnipro, the 13-story Soviet era landmark at the European Square end of Kreshchatyk Street, will be auctioned this spring at a starting price of $10 million

Wednesday, February 19, 2020
Kyiv’s Hotel Dnipro, the 13-story Soviet era landmark at the European Square end of Kreshchatyk Street, will be auctioned this spring at a starting price of $10 million

Kyiv’s Hotel Dnipro, the 13-story Soviet era landmark at the European Square end of Kreshchatyk Street, will be auctioned this spring at a starting price of $10 million, the State Property Fund announced Tuesday. Built in 1964, the 186-room hotel features the Panorama Restaurant, a top floor dining room with romantic views of the Kyiv Hills and the Dnipro River. To get the hotel in shape for privatization, the Fund appointed as director, Elina Sapozhkova, a hotel professional with experience in opening and developing hotels of Rezidor Hotel Group, IHG, and Hilton Hotels & Resorts. In 2018, the hotel has $2 million in revenues.

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