The room was composed of 2 beds very close to the floor, a TV and a 2 small tables. Also we had no curtains. The bathroom had simply a toilet, sink and tub. Every morning we would eat breakfast in a large room downstairs. The food was not great but it was edible. Also located in the hotel lobby were a bar and a place to get pizza. This hotel is tall and so we got a good view of the city. The other 3 sections of this hotel are supposed to be more modernized and renovated.
Just a short walk away is the very popular Izmailovo Fair. There is a fee to enter the fair, but it is small. Once you are in you can do all the shopping, browsing and bargaining your heart desires. The fair is large and resembles a flea market. You can find many of the tradition Russian gifts here. Occasionally the prices are a little high, but bargaining with the sellers is quite easy. Sometimes they will even trade stuff with you so be sure to bring some pins or even cheap sunglasses with you! On the far left side of the fair there are a couple buildings that have some more expensive and larger items.
Like Arbat Street be aware of what you can leave the country with. Many things are forbidden to leave the country. Usually this refers to antiques made before 1945. I would recommend the fair for an easy find for souvenirs and a great place to practice your bargaining skills
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