Savoy Hotel, Moscow
The Hotel Savoy Moscow is a historic hotel in Moscow, opened in 1913. The symbol of the hotel is a salamander. Location. , at 3/6, b.1, Rozhdestvenka, Moscow, 109012, Russia. History. The Savoy Hotel opened on March 30, 1913. In 1987, the hotel closed for a $16 million restoration, funded by INFA, a joint venture between Intourist, the Soviet state tourism monopoly, and Finnair, which reserved 80% of the rooms for its own passengers. It reopened on October 3, 1989, under its original name, as the Hotel Savoy Moscow. The luxury hotel was aimed exclusively at wealthy  Western guests. Like most other luxury hotels in Moscow at the time, it did not accept Rubles, but unlike others, it did not accept western hard currency cash either. Instead, the Savoy required that all payments be made with credit cards, to cut down on corruption. Among it amenities was a casino, operated by another Finnish firm, Casino Amherst International Ltd. Current ownership. The hotel is owned by OAO Infa-Otel, whose stock is shared between Musgrave Holdings (84%), a member of the Guta Group, and the government of Moscow (16%).