Friday, June 26 2020 13:03
Alina Hovhannisyan

YE S Apart-Hotel Chain is considering launching a franchise in the  CIS, including in Armenia

YE S Apart-Hotel Chain is considering launching a franchise in the  CIS, including in Armenia

ArmInfo. A network of Russian  apart-hotels YE'S launches a franchise for the construction and sale  of an apart-hotel. According to the official statement from the  apart- hotel chain, the new product will be available to developers  from all regions of Russia and the CIS, including Armenia, Georgia,  Belarus and others. The franchise will allow potential partners to  use the YE'S concept for the implementation of the turn-key  apart-hotel project .

It is reported that the first apart-hotel under the YE'S brand in  collaboration with Global Apartments is already under construction in  Nur Sultan in Kazakhstan.

<The current crisis has shown that not all real estate formats feel  stable in current realities. Especially revealing office and retail  facilities. The apart-hotel market demonstrates the opposite. The  load of YE'S facilities even during a pandemic is 65%. This is  significantly higher than the average load in the hotel segment,  which fluctuates at 10%. We continue to provide our investors with a  stable income even during this difficult time, "explains Anton  Agapov, YE'S Apart-Hotel Chain Development Director. Commercial  conditions for the implementation of YE'S projects for developers - a  percentage of gross revenue. As Anton Agapov added, a more specific  cost depends on the details of the project itself and the terms of  cooperation with a future partner.

Note that YE'S is a Russian chain of apart-hotels, created in 2011  with a number of rooms of more than 1,500 apartments in projects in  St. Petersburg on ul. Ho Chi Minh City and st. Mitinskaya in Moscow.  At the final stage of construction with a deadline of 2021, four more  objects are designed for more than 3,500 units: in St. Petersburg on  the street. Marat, in Moscow at the metro stations Technopark and  Botanical Garden, as well as in the capital of Kazakhstan,  Nur-Sultan.

Apartments at the time of delivery are fully technologically  equipped, equipped <turnkey> and ready to move in. The rooms are  decorated in Europe at the 4 * hotel level with the use of  high-quality eco-friendly materials, stylish furniture and  hotel-level appliances are installed. All hotels provide similar  services to a hotel (from housekeeping to ordering a helicopter) and  infrastructure facilities: restaurants and cafes, reception and lobby  bars, lounge areas, coworking space, functional modern sports  facilities.