Imperial Riviera achieves 2019% revenue growth in 53

first_imgIn 2019, a total of HRK 149 million in investments were made According to the revised results for 2019, Imperial Riviera generated a total revenue of HRK 264 million last year, which is a growth of 53% compared to the year before.  The business year 2019 was extremely dynamic and significant for the Imperial Riviera based in Rab, which has been operating under this name since June last year, when the Makarska Hotels were annexed to the then Imperial. With this merger, Imperial Riviera ranked among the 10 leading tourist companies in Croatia. In addition, at the end of October, Allianz ZB pension funds and Valamar Riviera recapitalized Imperial Riviera in the amount of HRK 426 million.  According to the Imperial Riviera, the most significant investments were the reconstruction of the hotel and villa Carolina according to the TUI Sensimar product standard, the second phase of investment in Padova Premium Camping resort by Valamar which increased the camp category to 4 *, and repositioning the Padova hotel according to Valamar’s Family Hotel standard. with the construction of additional content mainly intended for children’s animation. At the end of 2019, new investments in the amount of HRK 226 million were started, mainly related to the renovation and repositioning of the Meteor Hotel in Makarska, the renovation and upgrade of the Valamar Parentino Hotel (ex Valamar Zagreb) in Poreč and the third phase of investments in Padova Premium Camping Resort by Valamar on Rab. “These business events opened a new historical period in the development of our company and also marked the beginning of a new five-year business plan that envisages 1,5 billion kuna of investment in the reconstruction and renovation of facilities, but also further expansion of the portfolio. After the recapitalization, the Valamar Zagreb hotel in Poreč was purchased and the reconstruction and upgrade of the hotel began immediately. With this purchase, Imperial Riviera became the owner of 7 hotels, 3 tourist resorts and 2 camps with a capacity of 10.000 guests “, pointed out Vlado Miš, President of the Management Board of Imperial Riviere.   “The results should be viewed mainly in the context of acquisitions, and investment activities in product development and business improvement. Realized operating profit (EBITDA) amounts to HRK 90,8 million and represents an increase of 42,5%. Balance sheet stability, large monetary potential and a very favorable net debt and EBITDE ratio enable an even stronger continuation of the investment strategy and strengthening the competitiveness of products and services. Therefore, due to business synergies and further strategic considerations of development and growth, with the influence of majority owners, Allianz ZB pension funds and Valamar Rivera, further improvements and growth in the business of Imperial Riviera are expected.”They conclude from the Imperial Riviera. Photo: Imperial Rivieralast_img read more

Usain Bolt and Girlfriend Welcome Their First Child

first_imgHowever, his A-League career lasted just eight weeks and in January 2019 he announced he was taking a step back from sport to focus on a business career. The athletics star, who retired from running in 2017, is the only male sprinter to win Olympic 100m and 200m titles at three consecutive Games. Bolt and Kasi Bennett, an entrepreneur who runs a marketing agency, have been together for over five years, but it wasn’t until 2016, when Bolt confirmed their relationship, saying they had just “gotten really serious.” The couple have shared moments from their journey to becoming parents with the public, starting with a pregnancy reveal on social media in January. Jamaicans and sprinting fans around the world were ecstatic about the announcement of “Baby Bolt” on the way and even gave suggestion on baby names. Well-wishers including Bolt’s forming running mate, Asafa Powell, who joked that Usain’s first child was long overdue. In March, the couple had an elaborate gender reveal in Jamaica, where it was revealed that the Jamaican sprinter would become a “#GirlDad” in short order. Jamaican sprinting legend Usain Bolt and his longtime girlfriend, Kasi Bennett welcomed their first child on May 17- a baby girl. In 2018, the 33-year-old opened up about their relationship in an interview with Australia’s STELLAR Magazine. Bolt revealed that he was ready to start a family “in the near future”. “It’s never a good time to have kids. It took me a while to figure that out. You just have to buckle down and do it. It’s in the near future, so, hopefully. We’ll see”, he said. Following his retirement from Tracks, he went on to pursue his dream to become a professional footballer, training with Norwegian club Stromsgodset and turning down a deal with Maltese club Valletta before joining Australian club Central Coast Mariners. Usain Bolt and Kasi Bennett via Instagram Via social media, Prime Minister congratulated the couple on the birth of their first child. Since then, Bolt has dabbled in various endeavours including producing dancehall and now Soca music. He also has s string of partnerships with G.H. Mumm Champagne, Hubolt, Alpro, Xoom, among others.last_img read more