Zahoor seeks $10 million to complete restoration of his 4-star landmark hotel, the Leipzig

Thursday, October 11, 2018
Zahoor seeks $10 million to complete restoration of his 4-star landmark hotel, the Leipzig

Zahoor seeks $10 million to complete restoration of his 4-star landmark hotel, the Leipzig, he tells the Post. Zahoor says he has largely resolved legal disputes with the Turkish subcontractor who did the renovation. Although the building carries a sign for Renaissance, a Marriott brand, he says he wants to get out of 30-year operating contract with the American multinational. He threatens to go to court in Britain if “Marriott doesn’t want to [settle] amicably.” Although, there are 1,000 4 and 5-star hotel rooms within a 15-minute walk of the Leipzig, Zahoor believes in high end tourism for Kyiv, saying “even the most conservative numbers show that we will pay back the money in six to seven years.”

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