Yerevan, 06.December.2025,
00
:
00
ՄԵՆՅՈՒ
Futsal tournament Galaxy Champions League 2024 kicks off Unibank is now a regular partner of “Pan-Armenian intellectual movement” IDBank issued another tranche of dollar bonds Green Iphone on the best credit terms at green operator's stores UCOM Provided technical assistance to Shengavit administrative district AMD 9,808,684 to the "City of Smile" Charitable Foundation. The next beneficiary of "The Power of One Dram" is known Unibank offers a “Special” business loan with an interest rate of 8.5% per annum IDBank implements the next issue of nominal coupon bonds Flyone Armenia will start operating regular direct flights Yerevan-Moscow-Yerevan New movie channels in Ucom and good news for unity tariff subscribers


The Soviet-Era Building That Became a Multi-Award-Winning Luxury Hospitality Destination in Modern Armenia: An Interview with Syuzanna Tovmasyan

Society

Once a Soviet-era hospitality icon, the historic DVIN Hotel has undergone one of
the most ambitious transformations in modern Armenia. Now reborn as the Seven
Visions Dvin Hotel, the project has already earned global acclaim for its fusion of
heritage, luxury, and cutting-edge innovation. Through the leadership of
Syuzanna Tovmasyan and the visionary design work of Elena Krylova’s studio, the
former Soviet-era DVIN Hotel has been transformed into a world-class
destination—a symbol of modern Armenia’s capabilities and cultural pride.
Today, the Seven Visions Dvin Hotel stands as both a tribute to Yerevan’s past and
a shining example of its future: innovative, luxurious, culturally grounded, and
globally admired. We sat down with Ms. Syuzanna Tovmasyan, Artistic Director
of the Dvin Hotel Complex, to uncover the creative vision behind this ultra
transformative evolution.

Rita Davtyan: Ms. Tovmasyan, the Dvin Hotel has a long and storied history,
starting from soviet era. How did the redesign approach honoring its past
while creating something undeniably modern?

Syuzanna Tovmasyan:
“The original DVIN building is deeply rooted in Yerevan’s urban and
cultural history. Its value lies not only in its architecture, but in its
setting—situated among streets unchanged since the 18th century.
Preserving this heritage was essential. Our team meticulously restored
elements of the historic hotel and integrated them into the new design.
This ensures that the Seven Visions Dvin Hotel carries a tangible
connection to its past, even as it embraces a new era of luxury.”

Rita Davtyan: The interior design is frequently praised for combining ethnic
Armenian motifs with contemporary luxury. How intentional was this blend?
Tovmasyan:

“Very intentional. Armenian culture is rich with symbolism,
craftsmanship, and visual identity. We wanted to respect this heritage
without turning the hotel into a museum. Instead, we incorporated ethnic
elements into a state-of-the-art aesthetic—modern forms, advanced
materials, luxurious textures. The result is a harmonious blend that feels
both authentic and internationally relevant.”

Rita Davtyan: The Dvin Hotel is now considered a benchmark for luxury
hospitality design. What do you believe gives it this global appeal?
Tovmasyan:

“It’s the combination of vision, technology, and true functionality. Every
square meter of the hotel is designed with purpose. We follow a principle
known as SMART LUX—a philosophy that merges modern functionality
with high aesthetics and advanced technology. Guests should feel that they
are in a sophisticated, multifunctional environment where every detail has
been carefully thought through, from the lighting to the flow of space.”
Rita Davtyan: One of the most celebrated parts of the complex is the Dvin
Music Hall, which has already won multiple international awards and
welcomed world renowned artists. What makes it so special?
Tovmasyan:

To create a truly one-of-a-kind experience, authenticity is essential. In the
hotel industry, this can emerge from a distinctive and carefully crafted
design concept, or from experiential activities that foster cultural
connection or immersion in nature. It is about going beyond the ordinary,
embracing originality, and staying ahead of the curve to deliver
remarkable and unforgettable experiences for guests. This philosophy
guides my work and defines my core responsibilities as the Artistic
Director of The Dvin.

In this context “The Dvin Music Hall is one of my proudest achievements.
It’s a multifunctional space designed in a modern art-deco style. The hall
is a true transformer—equipped with advanced Yamaha mixing consoles, a
state-of-the-art acoustic system, and a massive fine-resolution LED stage
screen with additional duplicating screens.

It also includes built-in 3D mapping capabilities and custom-made
decorative 3D panels. These features helped the hall earn the Silver
Medal for ‘World’s Best Innovations’ at the DSE APEX-2019 exhibition
in Las Vegas. This recognition placed Armenia on the global stage for
innovation in audio-visual design.”

Rita Davtyan: Elena Krylova and her studio played a major role in interior
design. How would you describe this collaboration?
Tovmasyan:

“Elena and her team brought exceptional expertise. They participate
actively in global exhibitions and forums, exchanging ideas with leading
figures in hospitality and design. This global outlook helped ensure that
the Dvin Hotel didn’t just meet world standards—it set new ones.
In my opinion The Seven Visions Dvin Hotel is proof of what can be
achieved when artistic direction and design talent work in complete
synergy.”

Rita Davtyan: Looking ahead, what can we expect next from the Dvin Hotel
Complex and your artistic direction?
Tovmasyan:

“Our team continues to work on several new high-profile projects,
including additional five-star developments in Yerevan. The Dvin Hotel is
not only a revitalized landmark—it is the beginning of a new era for
Armenian hospitality.

Our goal is to elevate Armenia onto the global luxury map, showcasing
what our country can achieve when heritage, creativity, and innovation
come together.”

 Rita Davtyan 

AraratBank Participates in “Women’s Empowerment Principles in Armenia” Conference Unibank’s Perpetual Bonds Were Acquired in Nearly One Day Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipTeam Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia Unibank Issues the First in Armenia Perpetual Bonds Team Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia AraratBank Joins Armenia's New Greening Initiative: 100 Hectares of New Forest within Three YearsApply for a Unibank salary card and get a chance to win 1 000 000 AMDEuromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospectA Brand-New Section on Idram&IDBankSeveral real and profitable offers ahead of Black Friday: IDBank and IdramAraratBank Joins Social Impact Award 2025 Summit in LjubljanaIDBank issued the 1st tranche of bonds of 2026Ucom Supports the Development of Space Engineering in Armenia Prioritizing Information Security: IDBank and Idram Support APOCALYPSE CTF 2025IDBank's Representative, Innesa Amirbekyan Appointed Co-Chair of the ICC Banking Commission Task Force on GuaranteesUcom General Director Ralph Yirikian Awards Certificates to Participants of Cybersecurity Training Course Acba and Proparco mark one year of partnership, strengthening rural financing and Armenias’s economic resilienceAraratBank and Arca's joint campaign has endedIDBank: A Pioneer of Digital Banking and Innovation in ArmeniaGRAWE Group and C-Quadrat Investment Group have announced plans to acquire 100% of LIGA Insurance Company in Armenia Ucom Supports the Annual “Capture the Flag 2025” Cybersecurity Competition Financially Literate with Idram and IDBank: Next Stop – Nairi CampIdram received a permit to establish and operate the Armenian payment and settlement QR system IdramNetUcom Completes the Deployment of its 5G Network Across All Cities of Armenia Firebird, Inc. Secures U.S. Export License and Announces Dell Technologies as a Technology Partner, Establishing Major Milestones in Armenia’s AI and Digital FutureIDBank Receives Permission to Open a Representative Office in the United StatesRoboTon 2025 Competition Held with Idram’s Sponsorship“Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Final Results of the 20th Annual International Microelectronics Olympiad AnnouncedUnibank's VISA DIGITAL cards are now free Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of UnderstandingIdram has been awarded the prestigious “Beyond Payments Awards” by Ant InternationalSTEM Acceleration Award 2025 Held with Idram’s SupportSolar Power is Generated in Kechut Community Through the Efforts of Ucom and SunChild Idram Announces Partnership with WeChat PayAraratBank: Transfer Your Mortgage Loan and Repay It on Attractive Terms: JOIN US“The Power of One Dram” as the Main Supporter of the National Hackathon AI4Biodiversity: AI Solutions for NatureSpeed-Mentoring Event Accelerates Green Innovations within the Ucom Fellowship Program Ucom Supports the Development of High-Tech Education in Armenia Dalan Technopark announces its first bond issuance. Placement Partner is Cube InvestIdram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition ConcludesLusine Yeghiazaryan joins the Board of Trustees of the Music for the Future Foundation5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathonUcom’s Green Initiative Reaches Urtsadzor AraratBank Honoured with STP Award by Commerzbank AG Compelling Business Loan Offer from AraratBank: JOIN US AraratBank – Title Sponsor of Urartu Football Club The interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej Times