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Russia's Yelena Baturina Divests Grand Tirolia Hotel for €45 Mln
The billionaire and wife of Yury Luzhkov, the former Moscow mayor, is selling her Kitzbühel 5-star hotel for 45 million euros to an investor. Rumour has it that the investor is looking for an international operator.

The five-star luxury hotel Grand Tirolia Kitzbühel Betriebs GmbH in Kitzbühel and the Eichenheim Golf Club have a new owner.
Yelena Baturina has sold the resort to a real estate investor from Lower Austria for around 45 million euros via Inteco Beteiligungs GmbH, which in turn is controlled by Baturina's Beneco Private Foundation, the Tiroler Tageszeitung writes.
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