Reval Hotels plans to host more families and conference guests in Riga. Although competition in the hotel business in the Baltics has becomes fierce, Reval feels ready now to compete with international brands on home turf, where it knows the market well. Over the last seven years, the contingent of foreign tourists has changed, says the chain. It has invested LVL 32 million (EUR 45 million) in the new Reval Hotel Elizabete in Riga, which will start work this spring.

 

Diena, 2008-04-28