Intourist Thomas Cook is the company formerly known as Intourist. The history of the company dates back to April 12, 1929, when VAO Intourist, the National Joint-Stock Company for the Acceptance of Foreign Tourists, was founded. In Soviet times, Intourist was the main tourist operator which received foreigners to the Soviet Union. Because of this, during the 1920’s and 30’s the USSR was visited through Intourist by famous public figures, writers, artists and politicians such as Theodore Dreiser, Bernard Shaw, Romain Rolland, Rabindranath Tagore and others. Today Intourist is considered to be one of the largest and most reliable tourism companies.
Representing the seller’s interests, Duvernoix Legal’s specialists provided legal support on the largest transaction in the hotel real estate market. The sale to Intourist of the regional hotel chain (RGS), consisted of 9 premium class hotels. The transaction was included in the top 10 largest transactions in the field of commercial real estate at the end of 2016 and exceeded 6 billion rubles in value.