Dagestan simultaneously builds a number of premium hotels. As to Khizri Abakarov, the State Duma deputy, the projects are being financed with funds provided by Sberbank. Abakarov led a tour for the representatives of financial institutions to showcase the ongoing developments. The hotel projects are being implemented in Derbent (Derbent Palace 5-star hotel), Achi-Su (Medi&SPA hotel) and Yuzhny micro district. Besides, the guests got familiarized with the "4-star hotel" projects implemented on the territory of Makhachkala International Airport and Derbent. These projects are planned to be implemented in the future, in collaboration with the banking sector representatives.