On July 15, 2022, Ribas Hotels Group, a Ukrainian national hotel operator, and the MORION cottage town successfully signed a memorandum on the partnership for economic activity in accordance with the system and standardization of hotel business and management of the facility after commissioning.

According to the Memorandum, the MORION cottage town makes commitments for the project as below:

Ribas Hotels Group makes commitments for the project as below:

The MORION cottage town is a complex of 19 cottages with their own land plot, located in the village of Mykulychyn. The project is developed by MBA DEVELOPMENT. The infrastructure facilities of the complex include a swimming pool, a playground, a breakfast cafe and a parking lot. The complex is scheduled to be commissioned in Q4 2023.

Ribas Hotels Group is a management company whose flagship service is the operational management of hospitality complexes. The company also provides services in conceptualization, design, support at all stages of project implementation, consulting and franchising for developers.

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