LATVIAN NEWS | HoReCa

«ibis Styles Riga» has joined the Mogotel hotel group

Mogotel Ltd., the leading hotel operator in the Baltics, is expanding their hotel portfolio by taking over hotel operations with franchise agreement with "Accor" of the "ibis Styles Riga" hotel in Katrīnas dambis 27, Riga. "This is the sixteenth hotel under our management and the first of the "ibis Styles" brand of the international hotel chain, Accor," says Vadim Muhin, the owner of Mogotel Ltd, commenting on the growth of his company.

"Ibis Styles Riga" is a three star Superior category hotel located in Katrīnas dambis 27, in the quiet centre of Riga on the bank of the Daugava river. In 2014, the hotel joined the international Accor hotel chain and has since been represented by the "ibis Styles" brand, holding a certificate from the "Hotel Union" European hotel classification system.

The "ibis Styles Riga" hotel offers 76 comfortable rooms of the Standard, Superior and Standart Suite categories. Every room is equipped with an air conditioning system, satellite TV, wireless internet access, a telephone and a fully equipped bathroom. The interior of the hotel is designed with its location and architecture in mind, thus creating a strong maritime atmosphere. The interior boasts a combination of airy shapes and light and flowing colours that together create an ergonomic and aesthetic environment, ensuring that every guest will have a pleasant and comfortable stay.

The "ibis Styles Riga" hotel is perfectly suited for organising small conferences or seminars. It has three conference rooms "South", "North" and "West", with their names symbolising three of the four cardinal directions. These conference rooms are equipped with daylight lighting, air conditioning systems and free Wi-Fi access. There is also a cosy lounge nearby with an outdoor terrace for coffee breaks. Free parking is available for conference and seminar participants.

At the meeting point of Riga's geographical coordinates, on the 12th floor of the "ibis Style Riga" hotel, you will find the Fifty Six°N Twenty Four°E restaurant, which is a favourite of both local and foreign gourmets and provides its guests with the most magnificent panorama of Riga. The restaurant menu consists of proven culinary classics, offering dishes of contemporary European cuisine with flavour nuances of local products. The restaurant is perfect not only for business meetings and banquets, but also for special celebrations and dinners with friends.

For room reservations, please call +371 67323130 or email H9702@accor.com. More information is available on the hotel website www.ibisstylesriga.lv.

About SIA Mogotel

Mogotel is the leading hotel operator in the Baltic states with a Latvian origin and has 16 years of experience in the hospitality field. The chain’s mid-range and high-class Wellton Hotels and Rixwell Hotels, as well as the mid-range budget class Rija Hotels brand hotels, have more than 1500 rooms in total to offer and provide more than 650 jobs for employees of various qualifications.

Currently Mogotel holds 15 Wellton Hotels, Rixwell Hotels and Rija Hotels brand hotels. Wellton Hotels and Rixwell Hotels brand hotels offer the highest level of comfort, exceptional service, luxurious locations with the best city views, modern SPA and leisure centres, as well as numerous spacious business and conference rooms. This year, the company has expanded its portfolio with brand Winwinstay offering short-term lease flats in the centre of Riga and its Old Town.

The steady growth of Mogotel continues, achieving excellent hotel occupancy rates of up to 90%. The company’s future plans are related to expanding into Central European countries such as Lithuania, Austria, the Czech Republic, Hungary, Poland and Bulgaria.

The only proprietor of the company is Vadim Muhin, who, in order to develop the hotels, has raised funds from local commercial banks, as well as reinvested earnings back into the business. In 2018, SIA Mogotel operated with a turnover of 21.3 million euros.

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