Henceforth Badamdar Hotel will operate under the brand name Pullman, belonging to Accor Hotels Group.
According to Turan, an agreement was signed on 5 October in Baku between Gilan Holding and Accor Group.
Speaking at the event, the CIS Regional Director of the company Accor Hotels Alexis Delaroff said they are very satisfied with the entry into Azerbaijani market.
He said the company itself turned to Gilan Holding, expressing a desire to manage Badamdar Hotel.
Note that Accor Hotels manages about 100 five-star hotels under the brand Pullman Hotels and Resorts in 95 countries.
Recall that Badamdar Hotel was opened in 2011 under the brand Kempinski. However, in 2016 the brand Kempinski abandoned the property, and it was called Badamdar Hotel. -----71D
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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