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Premier Palace Hotel PrAT (Ukraine)

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Premier Palace Hotel PrAT Profile Updated: June 30, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

Premier Palace Hotel PrAT is a luxurious historic hotel located in Kyiv, Ukraine. It is part of the Premier Hotels and Resorts collection and has a unique history closely tied to the city of Kyiv. The hotel is considered one of the capital's notable landmarks and is worth a visit. Situated in the heart of the city, Premier Palace Hotel is just 100 meters away from Kyiv's main street, Khreshchatyk. From the hotel's windows, guests can enjoy views of the golden domes of famous churches such as St. Volodymyr's Cathedral and St. Michael's Golden-Domed Monastery, as well as St. Sophia's Cathedral. Within walking distance, there are several art galleries, museums, parks, and shopping and business centers. Guests staying on the upper floors can also enjoy a breathtaking panoramic view of Khreshchatyk, from Besarabska Square to the Friendship of Nations Arch at its end. Throughout its history, Premier Palace Hotel has maintained a position of prominence. In 1912, it was the first hotel in Kyiv to offer modern amenities in its rooms, such as telephones and hot and cold water. In 1953, after restoration and expansion, it became the city's first deluxe hotel, considered more luxurious than a "5-star" hotel at the time. In 2001, following reconstruction, it became the first "5-star" hotel in Kyiv. In 2009, Premier Palace Hotel was awarded the "6 Stars and 7 Stripes" distinction by the Seven Stars and Stripes® committee. The hotel's concierge received the prestigious "Golden Keys" from the International Union of Concierges of Grand Hotels (Les Clefs d'Or). The hotel is also included in "The Most Famous Hotels in the World" list. One of the highlights of Premier Palace Hotel is its incredibly generous breakfast buffet, featuring separate stations dedicated to Mediterranean, classic European, Ukrainian, and Asian cuisines. The menu is refreshed daily and includes a concept called Fresh.Organic.Traditional, which showcases Ukrainian and typical Kyiv dishes prepared with locally sourced organic ingredients and unique recipes by the hotel's culinary team. Today, Premier Palace Hotel is one of the best hotels in Kyiv, with an impeccable reputation. It is a preferred choice for well-known businessmen, politicians, celebrities, and international delegations. The hotel has hosted over 200 famous guests throughout its history.

Headquarters
Blvd. Tarasa Shevchenka/vul. Pushkinska 5-7/29
Kyiv; Kiev; Postal Code: 01004

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Website: http://www.premier-palace.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 13, 1997
Key Executives
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Chairman of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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General Director
Ownership Details
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62.23%
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24.24%
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13.51%
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Company Performance
Financial values in the chart are available after Premier Palace Hotel PrAT report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency UAH. Absolute financial data is included in the purchased report.
Net sales revenue
-42.16%
Total operating revenue
-40.11%
Operating profit (EBIT)
-92.41%
Net Profit (Loss) for the Period
N/A
Total assets
-13.37%
Total equity
-30.46%
Operating Profit Margin (ROS)
-30.95%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
46.05%
Quick Ratio
-0.04%
Cash Ratio
-0.02%

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