Umar Kremlev, the head of the International Boxing Association (IBA), has recently acquired the luxurious Pullman Hotel located along the picturesque coastline of Sochi. This announcement, made on March 11, 2025, marks a significant investment in the region's hospitality sector.
The purchase was completed by AVA-GROUP, a company that aims to revitalize the hotel and its surrounding areas. Previously, the Pullman Hotel was owned by the French company Accor, which boasts a portfolio of more than 5,000 hotels worldwide. The acquisition signals a shift in ownership that is poised to enhance the guest experience in Sochi, a popular resort destination on the Black Sea.
Kremlev detailed an ambitious plan for the hotel that includes extensive renovations to the hotel and its restaurant facilities. "Many ideas, we will implement! Modernization of the hotel and restaurant complex, new underground parking for more than 1000 spaces, embankment renewal, new SPA, GYM, BOXING zones, and much more…" he stated, revealing his vision for the future of the property.
The renovation plans include the construction of an underground parking facility designed to accommodate over 1,000 vehicles, which will address the ongoing need for parking in this bustling tourist area. Additionally, the landscaping of the embankment is aimed at enhancing the scenic beauty of the location, making it more appealing for visitors and locals alike.
Further, the creation of new zones dedicated to fitness and boxing aligns with Kremlev's background in sports and his position within the IBA. This development reflects a growing trend within Sochi to cater to health-conscious tourists and athletes seeking top-notch training facilities.
This expansion comes at a time when Sochi is experiencing a significant rise in tourism, with many travelers drawn to its beaches, resorts, and various international events. By investing in upgrades to the Pullman Hotel, Kremlev and AVA-GROUP are positioning the establishment to compete more effectively with other luxury accommodations in the area.
Additionally, the renovations will likely stimulate the local economy by creating jobs during the construction phase and afterward through increased tourism and foot traffic to local businesses. As visitors flock to Sochi, driven by its reputation as a premier vacation destination, enhanced hotel offerings can significantly impact the overall tourist experience, encouraging longer stays and repeat visits.
Kremlev's venture into the hospitality sector illustrates the intersections between sports, tourism, and economic growth. His leadership within the IBA has already garnered attention in the sports community, and now, with this hotel acquisition, he is aiming to make a mark in the hospitality arena as well.
With the planned upgrades, such as modernized spa facilities, fitness zones, and boxing areas, guests can expect a unique blend of relaxation and active lifestyle options, appealing to diverse visitor demographics. As the hotel undergoes its transformation, it will place a strong emphasis on sustainable practices, ensuring the renovations are eco-friendly and align with global standards for modern tourism.
The Pullman Hotel, under Kremlev's direction, could very well become a hub of activity, attracting not only vacationers but also those participating in sports events, exhibitions, or even corporate retreats. This broader scope of functionality is expected to provide a competitive edge in the saturated hospitality market of Sochi.
As construction plans unfold and operational details are revealed, many in the local community and the wider tourism sector are eager to see how these changes will rejuvenate the iconic Pullman Hotel and contribute to the evolving landscape of Sochi's hospitality industry.
