Danubius spends 6m euros on hotel renovation

Hungarian hotel chain Danubius Hotels this year expects to bring in 3 million euros from its three hotels in Sovata, after investing 6 million euros in renovation works.

“The turnover of the Sovata hotel has grown quite rapidly due to modernisation works and an increase in the number of services. At the same time, there is a new customer target, namely foreign customers, especially Hungarians, as well as customers from the Romanian corporate world attending workshops and conferences,” said Biro Laszlo, deputy general manager with Danubius Hotels Romania. Last year, turnover from the three hotels amounted to 1.3 million euros.

Danubius Hotels is the only international hotel chain to have invested in the Romanian health spa tourism. The company owns three hotels in Sovata and has a total of 400 rooms. The three hotels – Sovata, Bradet and Faget – were bought by Danubius in 2001. Danubius controls Salina Invest, the company which holds 93.98% in the capital of Balneoclimaterica Sovata, whose portfolio includes the three hotels.

Danubius has so far invested 7.8 million dollars (about 6 million euros) in Romania, targeting the modernisation of Sovata hotel and the opening of a treatment centre. Renovation works lasted for seven months and were finalised in mid-2003.

“Danubius Hotels is aiming for turnover of around 3.6 million dollars for this year in Romania after last year’s turnover reached about 1.5 million dollars,” said Biro.
georgiana.stavarache@zf.ro