In the wake of the 2008 financial crisis, in March 2009, the government of St. Petersburg took a significant step by allocating the front section of a building measuring 1,900 square meters along with a land plot for a hotel, valued at USD 10-15mn, to the company Delta. This move reflects a proactive approach to stimulating the local economy and fostering growth in the hospitality sector, signaling potential positive developments for both the company and the region.