The five-story Volkhov Hotel is the oldest one in Novgorod. It was built in 1958 and reconstructed in 1997-2002. As a result, the forth floor and the elevator were completed. The hotel offers 120 modern comfortable rooms, a restaurant, a casino, a number of adequate optional services. The Volkhov Hotel is within a 5-7 minute walk from the train and bus stations. It is close to the Kremlin, next to the building of the Regional Administration. The location and a choice of facilities make the hotel popular among businessmen and tourists.