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Kocharian attends new hotel opening

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  • Kocharian attends new hotel opening

    KOCHARIAN ATTENDS NEW HOTEL OPENING

    Armenpress

    YEREVAN, JUNE 1, ARMENPRESS; President Robert Kocharian, members of
    the parliament and government and foreign ambassadors attended today
    the official opening of a new hotel in Yerevan, called Golden Palace.

    Kocharian expressed hope that the new hotel with its 120-member staff
    will join other hotels to preserve the annual 25 percent growth in
    the tourism sector. Kocharian recalled that some 280,000 tourists
    had visited Armenia last year and compared this figure with 38,000 in
    1998, saying also that Armenia will have in few years to come enough
    tourist facilities to accept around 1 million tourists.

    The new hotel was built by a Cyprus-registered River Hill Holding
    company. The five-storey hotel has rooms for 65 visitors. Kocharian
    also praised the US-based Cafesjian Foundation saying it has been
    fulfilling all its commitments in Armenia. He said the Contemporary
    Art Museum the Foundation is building in Yerevan will become a weighty
    investment in Armenia's bourgeoning tourism industry.
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