The company acquired the hotel in 1999 during the mass privatization in Bulgaria. Since then the building has been fully refurbished and modernized. The current owners have invested over €500 000 in renovations and have managed to establish fruitful relationships with tour operators, tour and travel agencies.
Located in one of the large cities in Bulgaria, the hotel is a preferred destination for trainings, work-seminars and conferences, organized by municipal and government institutions, due to its quality service, affordable prices, large capacity and suitable amenities. The municipality has been investing a large amount of funds in order to maintain and promote the unique historical heritage of the region, making it attractive to both local and foreign visitors.
Strategic Advantages:
- The hotel is strategically positioned in the most central location of the city and its high building provides a spectacular view over the surrounding area;
- The urban infrastructure is well developed and allows for easy access by tourists and business clients;
- Its amenities include a large restaurant, two conference halls, large day-bar with terrace, outdoors and underground parking spaces, central heating and many others;
- All the rooms have recently been fully refurbished and modernized;
- The company has no financial obligations towards banks or any other institutions;
- Highly experienced personnel with very low turnover – most of the employees have been working with the company since its founding.