Moscow, April 14, 2011 - on April 14, the Renaissance Moscow Monarch Center Hotel won the Commercial Real Estate Moscow Awards 2011 in the category “Hotel Real Estate”. The main event of the year in the commercial real estate market - the CRE Moscow Awards 2011 - ended with a solemn award ceremony on April 14. One of the winners of the Golden Brick was the Renaissance Moscow Monarch Center hotel, which received an award in the Hotel Property category. The Renaissance Moscow Monarch Center Hotel was opened in March 2010. Already in its first year of operation it gained popularity among guests and received recognition from professionals in the commercial real estate market. The hotel is part of the large multifunctional complex MonArch Center, which includes a 37-story office building, a four-level shopping center and a two-level underground parking for 700 cars. The strategically favorable location of the complex at the intersection of the Third Transport Ring and Leningradsky Prospekt provides guests with quick access to the city center, airports and the main cultural and business facilities of the capital, including Moscow City. “The decision in favor of this or that hotel within the framework of this award is based on the attractiveness and consistency of the project as an investment object. And from this point of view, “Renaissance Monarch” is the best option. The hotel is located within one of the actively developing business areas of Moscow and has excellent accessibility, well-designed modern planning solutions determine a very stable and logical business segmentation, and the availability of an international management company and a well-known brand has a positive effect on operating indicators and allows us to hope for a very attractive return on investment. Thus, from the point of view of the ratio of the amount of investment and the potential for income that this hotel will generate, this option represents an almost win-win option for the investor”, said Marina Usenko, Executive Vice President of Jones Lang LaSalle, who was a member of the hotel Prize Committee. The concept of the Renaissance Moscow Monarch Center hotel successfully combines comfortable accommodation and all conditions for modern business. The room fund consists of 366 rooms of various categories. These are 98 rooms of the “Lux” category, including 40 specially equipped rooms for long stays and the Presidential suite. For business, the hotel is fully equipped with 12 banquet and conference rooms with a total area of 2500 square meters and a capacity of up to 1500 people. Unique “Andreevsky” hall with an area of 600 square meters with the possibility of theatre style seating for up to 700 people. The halls are united by a spacious foyer with an area of 1000 square meters with natural daylight for organizing receptions, exhibitions, presentations and free communication. It offers a two-level Crew Lounge with panoramic views of Moscow, a modern business center with 6 equipped offices of various sizes and the possibility of renting them for short or long periods, a fitness center with a pool and waterfalls, a sauna, a jacuzzi, aerobics room and a gym with the latest Precor equipment. The hotel has two restaurants and a lobby bar with qualitative food. Wireless Internet is available in all rooms and public areas of the hotel. “A hotel in a multifunctional complex is the most promising business model,” comments Anthony Fardon, General Manager of the Renaissance Moscow Monarch Center Hotel. "Our hotel is equipped with the latest technology, and a number of technical and engineering solutions are recognized by experts as unique for hotel real estate. We can function as an autonomous mini-city within the capital. Despite the technical innovations and the large size, the hotel is well thought out: it is very cozy and invites to a comfortable stay.”