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New survey shows Croatia the cheapest Med destination this October – so how much is a last minute deal at Hotel Croatia in Cavat – The Dubrovnik Times

One of the loudest complaints from holidaymakers in Croatia is the price, or rather the high prices. In fact, it isn’t really the price that is the main gripe but the value for money. However, according to a recent article and survey in the renowned UK publication “Which” it seems that Croatia is in fact…

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INTERVIEW – Župa is ideally located for the perfect holiday – Anamarija Kusalo – The Dubrovnik Times

Situated between two the two tourist magnets of Dubrovnik and Cavtat is a destination that many people just pass through on the way to and from the Dubrovnik Airport. But you’d be wrong to overlook Župa, with its numerous beaches, unspoilt nature and quant villages there are many hidden gems waiting to be discovered. This…

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Croatia’s Helios Faros plans to use 2019 profit to cover previous loss

ZAGREB (Croatia), October 8 (SeeNews) – Croatian hotel operator Helios Faros [ZSE:HEFA] said it plans to use the entire profit of 95.7 million kuna ($14.9 million/12.6 million euro) reported for 2019 to cover part of its accumulated loss of 100.8 million kuna.The decision will be put to the vote by the company shareholders on November 24,…

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50% lower prices in Croatian hotels, restaurants and national parks on 16-25 Oct

by croatiaweek October 7, 2020 inTravelZAGREB, Oct 7 (Hina) – More than 250 businesses in the hospitality industry have offered their participation in the programme designed by the Tourism Ministry to offer lower prices in a week in the off-season, and 60 more applications are also being considered, Tourism Minister Nikolina Brnjac said on Wednesday.The campaign called “Tjedan Odmora…

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Arena Hospitality Group’s Croatian Camps to Operate in Winter

Pula, Istria, Croatia Copyright Romulic and Stojcic As Novac/Barbara Ban writes on the 2nd of October, 2020, with the lingering summer weather, Pula’s gates remain somewhat empty. Cafes, shops and restaurants have been opened, but the question is for whom. Unfortunately, there are no guests. Various “red zones” did their thing and drove foreign tourists…

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Croatia’s Valamar completes first stage of 43 mln kuna (5.8 mln euro) revamp of Lavanda hotel

ZAGREB (Croatia), August 11 (SeeNews) – Croatian hotel and tourism group Valamar Riviera [ZSE:RIVP-R-A] said on Tuesday it has completed the first stage of a 43 million kuna ($6.8 million/5.8 million euro) revamp of Hvar-based Lavanda hotel.With the completion of the first investment stage, Lavanda hotel has become part of the Sunny by Valamar brand, and…

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Croatia’s Imperial Riviera completes 90% of 226 mln kuna (30 mln euro) investment cycle

ZAGREB (Croatia), July 27 (SeeNews) – Croatian tourism company Imperial Riviera [ZSE:HIMR] said on Monday it has completed 90% of an investment cycle worth 226.2 million kuna ($35.3 million/30.1 million euro) which it launched at the end of last year.  The bulk of the money, 113 million kuna, went for a revamp of the four-star Valamar…

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Croatia’s Valamar Riviera turns to negative H1 EBITDA

ZAGREB (Croatia), August 5 (SeeNews) – Croatian hotel operator Valamar Riviera [ZSE:RIVP-R-A] swung to a negative consolidated EBITDA of 107.9 million kuna ($17.1 million/14.4 million euro) in the first half до 2020, from a positive 84.7 million kuna EBITDA in the like period of 2019, it said.First-half consolidated revenues fell 80.6% on the year to 133.8 million kuna in…

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