Best Hotel Properties as is a Slovakia-based investment company primarily engaged in the hotel industry. The Company’s portfolio includes several hotels in Central and Eastern Europe, including five-star hotel Baltschug Kempinski and four-star hotel Kadashevskaya, both located in Moscow, the Russian Federation, four-star hotel Crowne Plaza and five-star hotel Kempisnki Hotel River Park, both located in Bratislava, Slovakia, five-star hotel Grand Hotel Kempinski High Tatras, located in Strebske Pleso, Slovakia and hotel Buddha-Bar Hotel, located in Prague, the Czech Republic. As of December 31, 2011, the Company offered a capacity of 818 rooms. As of December 31, 2011, the Company operated through three wholly owned subsidiaries, including BHP Tatry sro, Diamond Hotels Slovakia sro and Wittily Investment Ltd. The Company had also a 75% stake in Baltschug LCC, a 99% stake in Hotel Kadashevskaya LCC as well as a 50% stake in Cherres as.