A large park hotel "Zhemchuzhina" on the Black Sea coast was declared bankrupt

A large park hotel on the Black Sea coast was declared bankrupt.
As it became known to "Y-Yug", the court opened a bankruptcy proceedings against LLC "Management Company" Zhemchuzhina ", which owns the same-name park hotel in Tuapse district. The list of creditors of the Criminal Code includes indebtedness in the amount of 1.7 billion rubles. The main creditor is Rosselkhozbank, which provided loans to the company for the reconstruction of the hotel. According to experts, the property of the Criminal Code "Zhemchuzhina" is an attractive asset and its sale in the framework of bankruptcy will be of interest to buyers.

The Krasnodar Krai's Arbitration Court declared the Zhemchuzhina Management Company LLC bankrupt (Tuapse District) bankrupt and introduced a bankruptcy procedure in relation to it, the court said. The process of bankruptcy "Pearls" in April last year initiated the JSC "Rosselkhozbank." The total debt of the bankrupt, established in the register, is 1.7 billion rubles, of which 936 million rubles. account for liabilities to Rosselkhozbank. Another major creditor is the Cyprus-based Travalley Holdings, which acquired the right to demand bankruptcy of 547 million rubles. from the bank "International Financial Club".

"Pearl" LLC was registered in 2005, the main activity is the organization of sanatorium services, has a license for medical activities, revenue in 2016 is 4 million rubles, a net loss is 63.8 million rubles. Founders - JSC "R-Holding" (Moscow, "daughter" GC Mte), as well as the creators of the ITU Denis and Yuri Volkov.

Park Hotel Zhemchuzhina is designed for 600 seats, covers an area of ​​9 hectares in the gorge on the Black Sea coast. The hotel includes six residential buildings, a wellness center with an indoor pool, a tennis court, restaurants, a conference room. According to the participants of the tourism market, now the property of the hotel is leased to various commercial organizations. To receive a comment of the management of LLC Management Company "Zhemchuzhina" and JSC "R-Khoding" failed - the phones of both companies do not work.

According to Alexei Korenev, analyst of Finam Group, the prospects for the sale of the object during the bankruptcy proceedings will primarily depend on the value of the lot and the technical condition of the infrastructure of the park hotel. "The demand for such properties on the Black Sea coast is quite high, especially now, when the flow of domestic tourism has grown significantly," the expert said. "The fact that the hotel will be sold can not be doubted: this is the type of real estate that, with good management, can bring to the owners stable and fairly high income, "the interlocutor of" Y-Yug "believes.