Over 50% of the rooms were sold in the first hotel of the GORO Mountain Resort in the Lviv region within five months.

Wednesday, August 13, 2025
Over 50% of the rooms were sold in the first hotel of the GORO Mountain Resort in the Lviv region within five months.

By early August, GORO Development, an investment and development company, had sold over half of the rooms in its first hotel project at GORO Mountain Resort near Slavske in Lviv region. Specifically, 103 out of 197 rooms in the ONDE Hotel complex had been sold, with investment having opened in March 2025. The ONDE complex will consist of three hotels totaling 429 rooms, with construction scheduled for completion and launch by summer 2028.

GORO Development is applying an international business model that treats resort hotel rooms as investments. “Representatives of very different fields invest in our hotels – IT, agriculture, manufacturing, finance, real estate”, GORO Development noted.

As for investor origin, Kyiv and Lviv lead with 33.3% each, followed by Dnipro at 5.6%, and Zhytomyr and Vinnytsia at 3.7% each. There is also strong interest from Ukrainians living abroad.

It is reported that, in the four months since sales began, room prices at GORO Mountain Resort increased by 5.7%, reflecting a 17.1% annual rate of return. The developer forecasts that the overall return for the entire project could exceed 57%, with an expected average annual return of 10% after the complex opens.

 

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