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The Exterior Of Hotel Bristol, A Luxury Collection Hotel, Odessa. (Photo: Business Wire)

Stocks in this article: HOT

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced that Hotel Bristol in Odessa, Ukraine will join The Luxury Collection® portfolio. Jointly owned by L.A.R.K. LLC (Vertex Hotel Group TM) and Bristol-Krasnaya LLC, Hotel Bristol, a Luxury Collection Hotel, Odessa will mark the brand’s entry into Ukraine when it opens early next year. This addition to Starwood’s Luxury Collection portfolio reinforces the brand’s rapid global expansion as it remains on track to surpass 100 hotels in the next five years.

The exterior of Hotel Bristol, a Luxury Collection Hotel, Odessa. (Photo: Business Wire)

The exterior of Hotel Bristol, a Luxury Collection Hotel, Odessa. (Photo: Business Wire)

“We are delighted to partner with L.A.R.K. and Bristol-Krasnaya as we introduce The Luxury Collection brand into an emerging destination such as Ukraine, further strengthening Starwood’s position as the world’s leader in luxury hospitality,” commented Michael Wale, President, Starwood Hotels & Resorts, Europe, Africa & Middle East. “The addition of Hotel Bristol to The Luxury Collection brand portfolio allows us to provide global explorers with authentic travel experiences and exceptional service in Odessa, a popular, charming and historic seaside destination.”

"We are delighted to establish a long-term relationship with Starwood Hotels and Resorts with the signing of the management contract for Hotel Bristol and the hotel’s inclusion in The Luxury Collection portfolio,” commented Iryna Pshenna, General Director, L.A.R.K. LLC (Vertex Hotel Group TM). "We are sure that by cooperating with such a reliable and highly experienced partner, we will succeed in playing a leading role in Odessa and Ukrainian’s luxury market segment. I believe that our management company Vertex Hotel Group and Starwood will accomplish our common objective to develop the travel industry in Ukraine.”

Built in 1898 and designed by Alexander Bernardazzi and Adolf Minkus, the majestic 112-room Hotel Bristol is a masterful showcase of renaissance and baroque architectural styles, as well as the accommodation of choice for illustrious guests visiting the city by the Black Sea. A celebrated landmark and the only luxury hotel in the historic city centre, Hotel Bristol is situated on the famous sycamore-lined cobblestone Pushkinskaya Street, across from Odessa’s Philharmonic Theatre. Following the renovation, Hotel Bristol will feature a signature restaurant and a destination bar, as well as almost 10.000 square feet of event and meeting space for special celebrations and business functions. The hotel will also offer leisure facilities, including an indoor pool, spa and fitness centre.

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