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This hotel is monstrouson so many levels (yes, that's right, the building of the hotel is a fantasy from 90s, go figure!), but it might be a good option if you are on a business trip.
In case you like Ivanovo so much that you even decide to stay there, or (sorry) you're just stuck in the town we picked some decent hotels for you here.
This one is actually better to book in advance.