The first thing I would like to state is that the competition in Yerevan today is very open-minded and cooperative as it has never been before. And it’s a great achievement of all of us in the market since that helps to figure out obstacles and challenges together. The proof of that is the re-establishment of the Armenian Hotel Association in the mid of this year. That means that the hotels are in healthy competition for each niche. In reality, competition pushes for nothing more but self-development and development of the market. Coming back to the specifications of our hotel, I would definitely mention the boutique style of Republica. We have relatively limited space, but we did the best to create an unforgettable atmosphere for our guests, to deliver hearty service, individual approach, tailor-made services’ scope. Also, we are aiming for a gastro-hotel positioning.