Arena Hospitality Group announced an investment cycle of HRK 500 million

first_imgIn 2019, Arena Hospitality Group continues the investment cycle and invests HRK 128 million in the Arena Kažela camp. Also, at Verudela in Pula, plans are being finalized for the comprehensive renovation of the Hotel Brioni, which will have a 5-star categorization after the reconstruction. The project starts at the end of 2020 with the aim of opening a hotel in 2022, and it is planned to invest 190,0 million kuna. The hotel will carry the Park Plaza brand, which will position the hotel among the best hotels in the hotel chain. The first part of the investment cycle started last year in the settlement of Pomer, where one of the smaller camps from the group is located, and it was decided to invest in a completely new camping trend. The former Pomer campsite has been transformed into the first Croatian luxury glamping resort – Arena One 99 Glamping.  In Germany, Arena Hospitality Group is finalizing plans to renovate the hotel art’otela berlin kudamm. The hotel is located in Berlin’s famous Charlottenburg district and is dedicated to the works of pop art artist Andy Warhol. The investment will include a complete accommodation part of 152 rooms, and all other hotel facilities. It is planned to invest around HRK 53,0 million.  It was opened in June, and at the end of the season it received a number of prestigious awards such as “Tourist Flower 2018” of the Croatian Tourist Board for Camp of the Year with the best glamping offer in Croatia, and the Golden Goat Award for Tourist Product of the Year. The amount of the investment was HRK 70 million. It is important to point out that this is a 100% glamping concept, the first of its kind in Croatia.  Hotel Brioni, Pula After the completion of the investment, the camp will offer its guests 1.300 spacious pitches and 164 new Premium Camping Home mobile homes. It is planned to invest around 60 million kuna in the tourist resort Verudela Beach in the second half of 2019. Ten accommodation units will be renovated for this season while the remaining 146 units and 20 villas will be renovated for the 2020 season. Upon completion of the investment, the settlement will carry the brand Arena Hotels & Apartments.  Camp Arena Kazelacenter_img In 2019, an investment cycle of HRK 500 million In mid-2017, Arena Hospitality Group raised around HRK 750 million through a public offering on the Zagreb Stock Exchange in order to continue its investment cycle.  Taking into account these investments, Arena Hospitality Group will invest more than half a billion kuna in the period until 2022, which will place it alongside the largest investors in the Croatian tourism sector. “In addition to these investments, further investments in the existing portfolio of the Group can be expected, and in addition, work is being done on the possibility of expansion in the region, and in Central and Eastern Europe.”Conclude from the Group. Strengthening the position in Germany and expanding in Central and Eastern Europe Hotel group Arena Hospitality Group dd, (formerly Arenaturist) currently offers a portfolio of 27 facilities owned, co-owned, leased or managed by more than 10.000 rooms and accommodation units in Croatia, Germany and Hungary.  Interestingly, AHG is the first Croatian hotel company to own and manage hotels outside Croatia and the first with the exclusive right to manage and develop hotels under the internationally recognized brands Park Plaza Hotels and art’otel (Park Plaza, art’otel, Arena Hotels & Apartments and Arena Campsites ).last_img read more

The Latest: Soccer suspended in Mexico

first_imgThe men’s top-tier Brazilian championship is scheduled to begin in April. The decision does not affect state championships currently being played. Some matches were held without any fans this weekend in São Paulo and Rio de Janeiro. São Paulo, Rio and other state soccer bodies are set to decide Monday on their course of action.___2:50 p.m.The New York State Olympic Regional Development Authority says all of the ski areas and venues that it manages will suspend operation at the close of business Sunday. Valencia’s Argentine defender Ezequiel Garay says that he has tested positive for the coronavirus, making him the first Spanish league player to become infected. “I have tested positive for the coronavirus,” Garay wrote on a social media account Sunday. “I feel well and now the only thing to do is to follow the instructions of health officials to remain confined.” Valencia added in a statement that a total of five members of its staff and team have the new virus, without specifying if Garay is the only player. It says that all are in good health and confined at their homes.Garay, who is recovering from surgery after tearing a ligament in February, said in a message posted on Instagram that “it’s clear that 2020 is starting on the wrong foot.”On Saturday, fellow Spanish club Alavés said that two members of its coaching staff had the virus. It said they are in good health. NCAA President Mark Emmert has said postponing the tournament indefinitely was not feasible.___4:45 p.m.Brazil’s soccer confederation has suspended all competitions under its control due to the coronavirus outbreak.The tournaments affected include the men’s Brazilian Cup, the top two tiers of the women’s Brazilian championship, and junior tournaments. 4:05 p.m.NCAA vice president of men’s basketball Dan Gavitt says brackets won’t be created for the NCAA men’s and women’s basketball tournaments that were canceled due to coronavirus concerns. Gavit says he made the decision and it was supported by basketball committees.“There is not an authentic way to produce tournament fields and brackets at this point without speculating,” Gavitt said Sunday, the day the men’s NCAA Tournament field had been scheduled to be announced. “And, that isn’t fair to the teams that would be positively or negatively impacted by manufacturing March Madness. More importantly, in light of this global health crisis, I believe we need to keep college basketball in perspective.”College basketball’s showcase was canceled on Thursday, leading to suggestions from coaches and athletic directors to release brackets for the event even though it won’t happen this year.“Players and coaches want to see their school name on the bracket,” Gavitt acknowledges. “Members of the media want to dissect matchups. Bracketologists want to compare the work of the committees versus what they’ve predicted. Fans are curious for those same reasons. All of us want something to fill the void we’re feeling. However, anything less than a credible process is inconsistent with the tradition of the NCAA basketball championships. … There will always be an asterisk next to the 2020 NCAA men’s and women’s basketball championships regardless if brackets are released.” The Latest: Soccer suspended in Mexico Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the coronavirus outbreak’s effect on sports around the world (all times local):2:10 p.m.Professional soccer is shutting down in Mexico following Sunday’s matches, which were already being played with no fans present as a precaution due to the new coronavirus. March 15, 2020center_img Gremio players and coaching staff arrived at the Rio Grande do Sul state championship game wearing the masks. Authorities in Brazil have not ordered the cancellation or postponement of sporting events because of the corona pandemic but recommended that games are held without fans. Grêmio beat tiny São José 3-2 with no fans present.___5:15 p.m. Closures include all Nordic and Alpine ski resorts including Mt. Van Hoevenberg in Lake Placid, Belleayre Mountain Ski Resort in the Catskills, Gore Mountain in North Creek and Whiteface Mountain in Wilmington, near Lake Placid. All Lake Placid Olympic sites will also be closing, including the Olympic Jumping Complex, Olympic Sports Complex, The Olympic Oval and the Olympic Center including its museum and retail shops.___6:45 p.m.Soccer players at Brazilian club Gremio have staged a protest of their own by wearing face masks on the field before the start of their game against São José on Sunday. The Spanish league has suspended play due to the pandemic. Most people quickly recover from the global virus after experiencing only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The measure applies to the men’s top flight and second division as well as the fledgling women’s league. Soccer officials said in a statement that the suspension would remain in effect until it’s determined that it’s safe to restart play in coordination with Mexico’s Health Department.Mexico previously played soccer matches without fans for several weeks during the 2009 H1N1 influenza health emergency, an outbreak with Mexico as the epicenter.Federal health officials on Saturday night raised the number of confirmed coronavirus cases in the country to 41, up from 26 the previous day and 11 the day before that. On Sunday at least two more were announced by state-level authorities.___ Serie A is currently suspended until April 3, along with all other sports in Italy, the European epicenter of the virus outbreak.UEFA has a meeting planned on Tuesday to discuss the calendar. The virus outbreak has also tested the limits of soccer’s World Cup schedule.___1:15 p.m. The Italian soccer federation is planning to ask UEFA to postpone the European Championship.Federation president Gabriele Gravina tells Mediaset TV that Italian officials want Serie A to be completed by June 30.The Stadio Olimpico in Rome is slated to host the opening match of Euro 2020 on June 12, plus three other games of the tournament.Gravina says, “The hope is to finish by June 30. … And we’ll need to insert the Champions League and Europa League also. The deadline is June 30, then we’ll eventually see if we need to exceed that.”He adds, “We’ll propose to UEFA that they postpone the Euros.”last_img read more