The Russian Direct Investment Fund (RDIF) and PSB have agreed on a joint investment exceeding 20 billion rubles to construct premier hotel complexes and related infrastructure in Vladivostok, Kaliningrad, and Kemerovo, as announced by the fund’s press service.
The planned project includes a total of about 650 hotel rooms. Five-star properties are slated for Vladivostok and Kaliningrad, while a four-star hotel is planned for Kemerovo. A Russian hotel operator is expected to manage the complexes once they open.
Domestic tourism in Russia continues to show positive momentum, with Vladivostok, Kaliningrad, and Kemerovo historically attracting millions of visitors each year. The new hotel developments are aimed at delivering growth not only for domestic travelers but also for international visitors, fostering enhanced exchange with Asia-Pacific region countries, as guests access premier examples of world and Russian culture in museums, exhibitions, and theaters. This perspective was shared by the RDIF CEO, Kirill Dmitriev, who highlighted the initiative’s broader cultural impact.
Beyond hospitality, the complexes are envisioned as components of a broader cultural and educational cluster initiative. The project plan includes the establishment of museums, exhibitions, theaters, and educational programs, along with the opening of branches and representative offices of major Russian cultural centers. These include the State Hermitage, Tretyakov Gallery, Russian Museum, Bolshoi Theatre, Mariinsky Theatre, and the Moscow State Conservatory, with programs and performances designed to engage audiences year-round. The clusters are expected to host a variety of cultural and sports events, necessitating the development of modern infrastructure to accommodate participants and guests.
Earlier in the year, Deputy Prime Minister Dmitry Chernyshenko outlined a vision to create year-round beach resorts along Russia’s Baltic, Azov, Black, Caspian, and Japanese seas by 2030. The plan anticipates adding at least 44,000 hotel rooms and boosting domestic tourism activity to about 140 million trips annually. This strategic direction underscores the aim to expand hospitality capacity while enriching the country’s cultural and recreational offerings for both residents and visitors from around the world.