Moscow Times July 15, 2014
Turkish companies are planning to build a five-star hotel complex in Makhachkala, the capital of Russia’s restive southern region of Dagestan, at a price of more than $100 million.
Named Sarir after a medieval kingdom that once resided in the mountains of present-day Dagestan, the five-star complex will contain a 250-room hotel, a 2,000-seat conference center and therapeutic baths that can receive up to 150 patients a day, according to a statement on the republic of Dagestan’s website.
It will also boast an an 18-hole golf course “of an international level,” the statement said.
A Turkish delegation traveled to Dagestan for a meeting Monday with the republic’s head, Ramazan Abdulatipov, who during the meeting underscored the value of Turkish investors’ experience in establishing top-class tourism facilities in their own country.