Kyrgyzstan's 'Ak-Keme' Hotel Reopens After Renovation, Generates Annual Income for State
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The 'Ak-Keme' hotel in Bishkek, Kyrgyzstan, has reopened after renovation, generating an annual income of $720,000 for the state. The hotel was originally built by Turkish businessmen during Askar Akayev's presidency but was later seized by the state, leading to a lawsuit and a $16.5 million fine. The debt grew to $30 million before it was settled for $6.5 million. The hotel is now leased to a private investor for 15 years.
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История неудач и банкротства легендарного отеля «Ак-кеме» В начале 90-...
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