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ZADAR-BASED TOURIST COMPANY OFFERS HOTELS FOR SALE

ZADAR, Nov 12 (Hina) - The Zadar-based tourist company "Turisthotel" launched an open competition for the sale of its hotels in the central Adriatic, namely, the "Sali" hotel on the island of Dugi Otok and "Zadranka" on the island of Ugljan. The company also launched an open competition for joint investment or the purchase of the "Bozava" hotel on Dugi Otok and for joint investment in the "Crvena Luka" and "Paklenica" tourist settlements in Biograd and Starigrad, respectively.
ZADAR, Nov 12 (Hina) - The Zadar-based tourist company "Turisthotel" launched an open competition for the sale of its hotels in the central Adriatic, namely, the "Sali" hotel on the island of Dugi Otok and "Zadranka" on the island of Ugljan. The company also launched an open competition for joint investment or the purchase of the "Bozava" hotel on Dugi Otok and for joint investment in the "Crvena Luka" and "Paklenica" tourist settlements in Biograd and Starigrad, respectively. #L# The "Zadranka" hotel has been estimated at a value of 1.8 million German marks and the "Bozava" hotel at 6.2 million marks. "Turisthotel" decided to sell the hotels because of the lack of resources for their reconstruction. The hotels are of B and C categories and substantial resources are needed for their reconstruction. The company estimated that, considering the size of these hotels, they were suitable for family-owned tourist business. (hina) lm mm 121238 MET nov 96

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