Ulaanbaatar Hotel , the first five-star hotel in Mongolia has been operating for more than 47 years, longer than any other hotel in business today. Ulaanbaatar Hotel has played a significant role in the development of Mongolia’s tourism industry since its creation as a pioneering hotel in Ulaanbaatar. Currently, there are 200 hotels operating in Mongolia.

 

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Ulaanbaatar Hotel opened in 1961 and was extensively renovated in 2003. The 6 floor hotel has served guests from 180 countries and enjoys a reputation that meets international standards. Located centrally in the heart of Ulaanbaatar, the hotel is close to Parliament ,state agencies, and cultural, entertainment and shopping centers.

Ulaanbaatar Hotel offers 106 beautifully enriched and fully equipped  comfortable guestrooms, which includes 43 deluxe and junior suites, all of which have been recently renovated. The hotel has 3 restaurants, a Business Center, a Conference and Banquet Facilities Sauna, a Massage & Fitness Centre, a Duty free shop, an air and rail ticket reservation center, and a city transfer station. Moreover, it has several branches named "UB-2" which are located in Terelj National Park, located 80km from Ulaanbaatar City, as well as “UB-3” or Da Khuree and UB Hotel Golf range.

Mongol News Media Group holds the most of the shares of Ulaanbaatar Hotel. The company has been selling public shares since January 13, 1992 with the initial price of 100 MNT per 1 unit of stock.

Ticker symbol-     ULN
Stock Code-         3
Total issues -      335 297

Market capitalization- 10 226 558 500 MNT (as of July 2008)

 

Source: www.ubhotel.mn 

            www.mongolnews.mn 

            www.mse.mn