About Azimut Hotels Demitz-Thumitz
Azimut Hotels is a Russian company and hotel chain that operates over 24 international hotels. The company was formed in 2004 with the leadership of Alexander Klyachin. The first locations were in Samara, Kostroma, and Ufa. A short year after that opening, the hotel extended operations with new constructions in Saint Petersburg, Vladivostok, Astrakhan, and Murmansk. In 2006, the hotels were joined as under the brand with an implementation of the standards that have pushed for the brand’s immortality in the business. The following year, the hotel chain was already part of the largest hotel series in Russia with its turnover amounting to $54 million and an annual growth rate of 30%.
Fast forward to 2012, the revenue of the company reached $55,527,500. Ever since that significant milestone, the company continued to be the largest hotel in Sochi with its 3-star Azimut Hotel Sochi. Its opening right in the 2014 Winter Olympics season in Sochi was a strategic move for the company whose fruits they enjoy until now. In 2015, the brand built Azimut Hotel Vladivostok which was the biggest investment project in the Russians Far East in 2014-2015 and the first SMART hotel in that region as well. As of 2018, the hotel chain already has 29 properties in three countries.
