News

Ownership of Land in Biblical Town of Jericho Returned to Russia

At a recent ceremony in Moscow, Russia, the ownership deed for a piece of land situated in the town of Jericho, Palestine, which had once belonged to Russian tsars, was handed over to the head of the Imperial Orthodox Palestine Society, thereby handing the land back to Russia. Hassan Saleh, the mayor of Jericho handed over the document to Sergey Stepashin during a ceremony which both parties see as having far-reaching significance.

New Corinthia-Intour Joint Venture Hotel Development

Russia is a vast and diverse country that is becoming more and more popular with international tourists. Russian holiday-makers are also enjoy exploring their home country during their leisure times. In an effort to fill the growing need for tourist accommodation, Malta-based International Hotel Investments and Russian travel agency Intourist will be launching a joint venture to build a network of four and five-star hotels in Russia.