New investment of HRK 83 mln in Jadran hotel company

Next year the Crikvenica-based Jadran hotel company is to embark on a new investment cycle worth more than HRK 83 million, the company reported on Thursday.

The new investment cycle was approved on Thursday by the company's supervisory board, the company said, noting that this is the continuation of implementation of its strategic plan for the period 2016 - 2025, adopted earlier this year.

The pace of the investment, covering six hotel buildings, will depend on when the necessary permits are issued and on the financing models, the company reported.

One of those facilities, the Esplanade Hotel, will get a new wellness zone. Extensive work on the infrastructure and public grounds, worth HRK 32.8 million, is to be carried out within that hotel complex and it is expected to be completed by July next year.

Further investments of HRK 11.3 million are planned for a wellness centre and swimming pool in the Hotel Omorika.

An additional HRK 15 million is earmarked for the second phase of reconstructing the Hotel Katarina in the northern coastal town of Selce, which will consist of a health centre, a wellness spa, an indoor pool and a congress hall. The final product will be a four-star health resort. These works should be completed by May 2017.

Last update: Thu, 25/08/2016 - 15:37
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