On Thursday, Odesa’s 12-story Victoria Hotel will be put up for auction
by the Deposit Guarantee Fund. Located a 10-minute walk from Arcadia beach, this Black Sea hotel has 229 rooms. The starting price is $7 million. The hotel is one of 862 assets that the Fund will be selling as it liquidates Misto Bank. This Odesa bank was declared insolvent in December 2020.