Nalbandian: Racism and racial discrimination, xenophobia and intolerance grossly violate human dignity and give rise to tensions within and between societies. That is why the fight against them became one of the main priorities of our chairmanship.
by Erik Abrahamyan
Hyatt Place Armenia hotel has been opened in Yerevan as part of the Hyatt International network.
The press service of Ameriabank reports that the bank provided $9mln of the $15mln invested in the construction.
One more hotel in Armenia will boost competition in the hotel business, will improve the quality of hotel services and will create new jobs.
According to a survey by Ameria consulting company, in the last five years the number of tourists visiting Armenia has grown by an average of 8.6%. This is quite high for a country that is just starting to develop tourism.
The survey says that Armenia is becoming increasingly attractive for tourism. Lots of jobs have been created in the local hotel business over the last 2-3 years. 843,830 people visited Armenia in 2012 alone, which is 11% more than in 2011.
Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. Since Nov 2011 99.99% of its shares have been owned by Ameria Group CY Ltd.