Switzerland grants ‘Medieval jewel of Romania’ award to Sighisoara

The Scientific Committee that grants the Swiss Tourism Awards formally notified the Sighisoara Municipality that the town received the ‘Medieval jewel of Romania’ award in the ‘Destinations worth ... More

Five Dalmatian hotel complexes privatised

Croatia’s privatisation agency yesterday decided to put five hotel complexes on the Dalmatian coast up for private offers, says the Hina press agency. All five businesses are having problems with meeting their liabilities - ... More

Sofia offers downtown site for new golf course

A 0.4 hectares golf course will sprout in the Borisova Garden in central Sofia, according to a proposal by city councilor Danail Kirilov of Citizens for European Development of Bulgaria (GERB). The council will discuss the ... More

FDS invests 10 mln in construction of a hotel in Srebrenica

Bakir Izetbegovic, SDA vice president and Edin Mulahasanovic, general manager of Sarajevo Tobacco Factory (FDS) met on Monday with Srebrenica municipality representatives and talked about new investments in this town. They ... More

Bulgaria with a 429 square meters stand in the world's biggest tourist market

Bulgaria will present itself on a 429 square meters stand on the world's biggest tourist exhibition in the world - ITB Berlin, which is being officially opened today. The focus of the national participation will be represented ... More

EUR 6 M investments over next two years in hotels Ramada Plaza and Parc

The Ramada Convention Centre, made up of the hotels Ramada Plaza Bucharest and Ramada Bucharest Parc will benefit of investments equal to over EUR 6 M over the next two years in the construction of a conference centre and a ... More

Greece featured in Chinese magazines

Special presentations over the recent period by a handful of Chinese publications promote Greece as a leading and secure global tourist destination, pointing out that despite last December's urban unrest in Athens, the country ... More

Hilton to open the second hotel in Romania

Hilton will open in 2009 the second hotel in Romania, at Sibiu, which will have 115 luxury rooms, Agerpres informs. Hotels Corporation (HHC) signed a franchise contract with SC Palace Dumbrava SRL for a new Hilton property in ... More

Grand Hotel on auction

The company Izbor Bar, to which the three companies Cetinje turist, Andrija Paltasic from Kotor and Servisimport from Podgorica were annexed last year, is in dire trouble and is forced to sell its assets. The company is currently ... More

'Travel Turkey' fair to open in Izmir

The international tourism fair, Travel Turkey, will open tomorrow in Izmir with the participation of 250 tourism company owners and operators from 18 countries. Izmir Fair, Culture and Art Activities A.S., or IZFAS, General ... More

RS grants concession to European Investment Group

Novi Sad-based European Investment Group has been granted a concession from the Government of RS to build an ethno village at locations Rajska plaza and Ade in Bratunac, the head of the municipality has confirmed. EIG already ... More

UK’s Balkan Holidays sheds stake in FIBank

UK-registered Balkan Holidays has sold its 6.72% stake in First Investment Bank, the lender said in a filing with the Bulgarian Stock Exchange, where it is listed. The British company divvied up 7,390,000 stocks in FIBank for ... More

Russian investors to invest EUR 1 billion in Kupari resort.

Russian investors have offered Croatia a development project for a luxury tourist resort in Kupari, outside Dubrovnik, worth EUR 1 billion. The Russians have launched a wide lobbying campaign, so Croatian Prime Minister Ivo ... More

Tourism on record-high in Turkey

The number of foreign visitors to Turkey rose 11.2% year-on-year in August to 3.7 million, the Tourism Ministry said today. The foreign visitors - measured on a 12-month rolling basis - (August 2007-August 2008) amounted to a ... More

Bulgaria Attracts 150 000 Romanian Tourists in Summer 2008

Some 150 000 Romanians visited Bulgaria's seaside in the summer of 2008. About 150 000 Romanians came to Bulgaria for their vacation in the summer of 2008, according to data published in the Romanian press. The total ... More

Czech Snowhill withdraws offer for Jahorina

After being announced as one of the biggest investors in the Jahorina winter resort, Czech Snowhill has eventually decided to withdraw its offer, disappointed by the contract singing being endlessly postponed. This has been ... More

Invitation to invest in construction of hotel on Ozren Mountain

The director of the Institute for Demographic and Economic Studies (IDES) from Bijeljina, Aleksa Milojevic, called on for investments in the construction of a hotel on Ozren Mountain. "If a significant number of people from Ozren ... More

USD 339 million earned from tourism

Serbia has posted foreign currency revenue from tourism in the amount of USD 339 million in the first five months this year, Serbian state secretary for tourism, Goran Petkovic, said. He said that it was 16 percent more ... More

EUR 50 M Invested in New Ski Resort in Bulgaria Rhodoppe Mountain

A new ski resort for over EUR 50 M will be built close to the town of Chepelare in Bulgaria's Rhodoppe Mountain. The new Mechi Chal resort will serve to turn the small mountain town in an international center for winters ... More

Ana Hotels representatives claim company not indebted to ‘Ana Aslan’ Institute

The Representatives of Ana Hotels claim the company has no debts to ‘Ana Aslan’ Institute, after the Government Control Department (DCG) proposed, after an inspection, the recovery of the amounts due from the ... More