€20M Investment For Losinj Hotels
- by croatiaweek
- in Business
Mali Losinj hotel group Losinj Hotels&Villas are set to invest 20 euros into two of its hotels this year. The announcement was made as the group confirmed it expected a 10% rise in the amount of tourist to visit Easter.
The group will have three hotels open this Easter weekend and expect the most amount of tourists to once again come from Germany, Slovenia, Austria and Croatia.
Out of the 20 million euro proposed investment, a large chunk, 14.5 million euros, will be used to reconstruct Hotel Bellevue in the Mali Losinj bay of Cikat. The rest of the investment is intended for Vitality Hotel Punta.