Who owns Multi Rest House?
Multi Rest House is owned by Multi Group (Armenia).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: "Multi Group" Concern — Companies. Last checked .
Key facts
- Current owner
- "Multi Group" Concern reported
- Owner HQ
- 🇦🇲 Armenia, Yerevan
- Origin
- 🇦🇲 Armenia
- Founded
- 2007
- Category
- Travel & transport › Hotels › Upscale hotels
- Last verified
- · 1 sources
About Multi Rest House
Multi Rest House is the hotel complex Multi Group opened in 2007 in Tsaghkadzor, the Armenian mountain resort town, a kilometre from the cable car and surrounded by dense forest. It runs year round and offers two- and three-storey cottages, hotel rooms and family apartments alongside a swimming pool, mini-football and basketball grounds, a cinema and conference halls fitted for business events. It is aimed at families as much as at skiers, with a children's playground and mini-club, and the group presents it as serving guests to international standards.
Ownership timeline of Multi Rest House
- Current owner Multi Group [1] reported
Where Multi Rest House sits in Multi Group
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Multi Group ownership tree →
See the full Multi Group brand portfolio (6) →
Other brands owned by Multi Group
Multi Group controls 6 brands on Brandtree.
- Artsakh (1995)
- Gorna Bania
- Kotayk (1995)
- Noy
- Serdika
Other brands in upscale hotels, and who owns them
The 58 brands in upscale hotels on Brandtree belong to 21 owners. The largest is H World, with 11.
| Brand | Owner | Owner based in |
|---|---|---|
| Blossom House | H World | 🇨🇳 China |
| Genting Grand | Genting | 🇲🇾 Malaysia |
| Andaz | Hyatt | 🇺🇸 United States |
| Avani Hotels & Resorts | Minor International | 🇹🇭 Thailand |
| Ascend Collection | Choice Hotels | 🇺🇸 United States |
| Bahrain Airport Hotel | Gulf Hotels Group | 🇧🇭 Bahrain |
| Lavande | Jin Jiang Hotels | 🇨🇳 China |
| Marriott Hotels | Marriott | 🇺🇸 United States |
About the owner: Multi Group
Multi Group is a privately held company headquartered in Yerevan, Armenia, founded in 1995. Brandtree records 6 brands under its control.
Multi Group Concern is an Armenian conglomerate founded by Gagik Tsarukyan, whose constituent meeting took place on 9 November 1995 and which now runs more than thirty enterprises from an office on Tsovakal Isakov Street in Yerevan. It was assembled largely out of Soviet-era industrial plants taken on at or after privatisation and restarted — the Abovyan brewery, the Yerevan Ararat brandy, wine and vodka factory, the Yerevan chemical-pharmaceutical firm, the Ararat cement works — and extended into businesses that had not existed in Armenia before, including a mineral water bottler in Bulgaria, a resort hotel in Tsaghkadzor, an urban wellness complex, a wholesale mall at Arinj and vehicle dealerships. Its consumer brands sit mostly in drinks: beer, brandy and bottled water. Much of the rest of the group is industrial, service or dealership business that carries no brand of its own.
🇦🇲 Multi Rest House and other Armenian brands
Brandtree records a controlling owner for 8 brands that began in Armenia. 2 of them (25%) are now controlled by a company headquartered in another country; Multi Rest House is not one of them.
- Armenia Airways — Armenia Airways 🇦🇲
- FLYONE ARMENIA — FLYONE ARMENIA 🇦🇲
- Zvartnots International Airport — Corporación América Airports 🇱🇺
- Ameriabank — Lion Finance Group 🇬🇪
Frequently asked questions
Who is the parent company of Multi Rest House?
The parent company of Multi Rest House is Multi Group, a privately held company headquartered in Armenia.
Is Multi Rest House Armenian?
Yes. Multi Rest House originated in Armenia in 2007 and its owner, Multi Group, is also headquartered in Armenia.
Is Multi Rest House still owned by Multi Group?
Yes. As of 20 September 2026, Multi Rest House is still owned by Multi Group. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] "Multi Group" Concern — Companies — "Multi Group" Concern, Official document; retrieved 20 September 2026.
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