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DUBROVNIK, Aug 29 (Hina) - One of the most well-known hotels in
Dubrovnik, the renovated Excelzior, was opened on Saturday.
The 350-bed hotel, enhanced with newly-decorated congress premises
and numerous facilities, is also the first five star hotel on the
Croatian coast.
About US$15 million were invested in the reconstruction of the
hotel, ensured by a loan from Hyppo bank from Austria and a
collateral from the Croatian Reconstruction and Development Bank,
said Niko Koncul, director of Dubrovacka Bank, the hotel's majority
owner.
The hotel was opened by Croatian Tourism Minister Sergej Morsan.
(hina) ha
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