Such interest reflects the emergence of a new wave in the income-generating real estate market, where private capital seeks to join sustainable, meaningful projects with long-term value.
A year ago, GORO Development together with OKKO Group announced the launch of GORO Mountain Resort — a year-round destination in the Ukrainian Carpathians, already considered the most ambitious development project in Eastern Europe in terms of investment scale, scope of work, and philosophy of mountain-region development.
OKKO Group — one of Ukraine’s largest and most resilient business players — is the main investor, owner, and master developer of the resort.
At the same time, the company opened an opportunity for private investors to invest in the resort’s hotel income-generating real estate and become its co-owners. This is a chance for Ukrainian capital to enter a modern business format that meets global standards of development, service, and hotel management.
Over nine months, more than one hundred investors have joined the community.
A logical continuation of this process was the creation of a private members-only club — GORO Invest Club.
The core value of the club is its people — individuals united by similar entrepreneurial thinking and a shared vision for the country’s development. These are business owners or top managers representing various industries.
Interaction within GORO Invest Club encourages collaborations, partnerships, and new joint ventures. The resort itself, as a large and continually evolving project, also requires new products and services. For club members, this is an opportunity to grow together with the resort — integrating their own business into its ecosystem or developing joint offerings with other participants.
Additional membership benefits include direct dialogue with the company’s management, early access to new projects, exclusive investment terms, expert support, participation in private events, presentations, and group trips.
A permanent loyalty program for resort services and attractions is also planned.
On October 1, 2025, the first official meeting of the investor club members with key company representatives took place.
Who forms the GORO Invest Club community?
GORO investors represent 22 different industries and primarily live in Kyiv (35%) and Lviv (36%). Another 24% live in 14 other Ukrainian cities, and 4% are part of the Ukrainian diaspora abroad.
GORO Invest Club — Geography / Infographic: GORO Development
The leading sector by number of participants is IT and telecommunications (19%), followed by construction and real estate (14%), agriculture (9%), and finance and investments (9%).
GORO Invest Club — Industry Breakdown / Infographic: GORO Development
Club members represent several generations — the youngest investor is 26, the oldest is 75.
Half of the entire community is aged 40–49, and 28 investors are under 30.
Gender distribution: women — 48%, men — 52%.
GORO Invest Club — Socio-Demographic Characteristics / Infographic: GORO Development
Interestingly, 90% of participants do not invest for the purpose of resale — a sign of a deeper cultural shift toward long-term ownership and the creation of legacy. Historically, Ukrainians were deprived of the opportunity to accumulate and preserve family assets — generations lost their dynastic value, and the real estate of recent decades, from Soviet-era typical buildings to modern high-rises, lacks long-term value potential. Today, with projects like GORO Mountain Resort, there is an opportunity to own real estate that carries not only financial returns but also meaningful long-term cultural and personal value.
Limited supply as a driver of value growth
Demand dynamics for GORO income-generating hotel real estate / Infographic: GORO Development
In nine months, 100 investors purchased 170 lots — an average of 1.7 lots per investor. This is a high indicator considering that all of them entered the project at the foundation-pit stage. According to forecasts, this ratio will continue to rise and soon reach an average of three lots per investor.
Therefore, the further from the start of construction — the fewer opportunities to enter the project.
Why is demand growing?
- The total number of hotels and rooms is strictly defined by the master plan.
- Each completed object strengthens trust in the project and lowers the entry barrier for early-stage investors. Those who were observing now understand the predictability and execution level and join more actively.
- An internal dynamic emerges: part of the existing investors will reinvest returns during closed pre-sales within GORO Invest Club into the construction of subsequent hotels.
Phase One of the Resort — Thematic ONDE Hotels / Photo: GORO Development
Currently, the first three hotels of the resort — ONDE — are under development. All of them will be commissioned simultaneously in Q2 2028.
ONDE Active / Photo: GORO Development
ONDE Active is a thematic hotel for active recreation with 197 rooms, a retail gallery, cinema, bowling, rooftop restaurant with fireplaces, a live-music pub, and a climbing wall. Sales opened in March 2025; most rooms have already been sold.
ONDE Business / Photo: GORO Development
ONDE Business is a 116-room hotel designed to meet the growing demand for business tourism in the Carpathians. It features conference halls, meeting rooms, coworking spaces, and terraces for conferences, business events, and networking in a mountain environment. The rising popularity of the workation format allows guests to combine remote work with nature-based recreation. The pre-sale of investment lots began on October 1, 2025 within GORO Invest Club. Lots are now available for public sale.
ONDE Chill
ONDE Chill is a recovery-focused space with 113 rooms, a 2,000 m² SPA area, a 40-meter infinity pool, and fitness and yoga studios.
The All-in Access concept allows guests to stay in one hotel and freely use the services of the other two through indoor connections without leaving the building.
The room stock across ONDE hotels — as well as future GORO hotels — features non-repetitive design and furniture. No imitation materials are used: stone, wood, and natural decorative elements are entirely authentic.
Interior of an ONDE hotel room / Photo: GORO Development
All GORO hotels are located on the first mountain line with ski-in/ski-out access — guests can ski directly from the hotel to the slope and return without removing their skis.
They are within walking distance (up to 150 meters) from slopes, lifts, gondolas, and other resort infrastructure.
Each building is harmoniously integrated into the natural terrain, with a height limit of 30 meters and low density.
Due to cascading architecture and landscape integration, 95% of the resort’s rooms have panoramic views.
Another factor ensuring stable profitability is year-round occupancy. GORO Development is creating a full-format, all-season resort offering an extensive range of experiences: bike trails, hiking routes, wellness and SPA, work-with-a-view, skiing, trekking, climbing walls, and more.
This approach ensures steady guest flow regardless of season, weather, or purpose — from active family trips to peaceful recovery or creative isolation.