President Hotel (former Oktyabrskya Hotel) belonging to the Department of Affairs of the President of the Russian Federation was built in 1983. The hotel’s construction was the focus of special attention because the project was ordered by the Department of Affairs of the Central Committee of the Communist Party of the Soviet Union (CPSU). The hotel was designated to provide the necessary conditions for the leadership of the CPSU and the highest structures of the Soviet State in their foreign policy activities. The hotel had a very high status and special privileges. One of the main attractive peculiarities of the President Hotel advantageously distinguishing it from the others is its location on the picturesque bank of the Moskva River, in the administrative, business and trade center of Moscow. From the top floors of the hotel there is a beautiful view of the center of the city, the bank of the Moskva River, the monument of Peter the Great, the Cathedral of Christ the Saviour, Bol. Yakimanka Street leading directly to the Kremlin.