ZAGREB, March 2 (Hina) - The world-known hotel chain "Park Plaza International" is interested in purchasing about 20 hotels with three plus, four and five stars in Zadar, Split and Dubrovnik, towns on the Croatian Adriatic coast. One
of the possible ways of investing in the hotels is the purchase of the majority share of 51 per cent, with the overall investment being worth some US$200 million. This would help create 40,000 to 50,000 new jobs, representatives of the Croatian Agency for Investment Promotion told reporters on Tuesday. Representatives of "Park Plaza International" will in the next several days tour the hotels that have been offered and select those they are interested in. On March 8, they would meet Croatian Government representatives and majority owners in Berlin, to discuss further details concerning the purchase. "Park Plaza International" was established in 1986 by a mer
ZAGREB, March 2 (Hina) - The world-known hotel chain "Park Plaza
International" is interested in purchasing about 20 hotels with
three plus, four and five stars in Zadar, Split and Dubrovnik, towns
on the Croatian Adriatic coast.
One of the possible ways of investing in the hotels is the purchase
of the majority share of 51 per cent, with the overall investment
being worth some US$200 million. This would help create 40,000 to
50,000 new jobs, representatives of the Croatian Agency for
Investment Promotion told reporters on Tuesday.
Representatives of "Park Plaza International" will in the next
several days tour the hotels that have been offered and select those
they are interested in. On March 8, they would meet Croatian
Government representatives and majority owners in Berlin, to
discuss further details concerning the purchase.
"Park Plaza International" was established in 1986 by a merger
between Park Plaza Group and Park Inn International. The chain
currently includes 180 hotels in 20 countries. It is based in the
United States and has offices in Europe, the Near East, India,
South-East Asia, Australia and Mexico.
(hina) rml