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Karisma Hotels Adriatic new owner of Hotels Koločep

Hotels Koločep d.d. were publicly auctioned at the Dubrovnik Commercial Court and the new owner of 88% of shares became the Karisma Hotels Adriatic d.o.o. (KHA) group. The value obtained at public auction was 36.435,620,00 Kn, and it is fully equal to the value from the beginning of the process.

Karisma Hotels Adriatic new owner of Hotels Koločep

"We are extremely pleased that Karisma Hotels Adriatic becomes the owner of the Hotels Koločep, especially because it means a new beginning for Hotels which were likely facing bankruptcy. We will create from Koločep a valuable tourism project that will benefit hugely in the Croatian tourism and economy as well as for the local community" said following a public auction director of Karisma Hotels Adriatic, Marinko Benić. The refurbishment of buildings in the portfolio of Hotels Koločep is expected with the completion of the current season and during the postseason.

Karisma Hotels Adriatic d.o.o. group is a joint venture of the business groups Karisma Resort International, TUI Travel PLC travel company and Agrokor d.d. More information about thisstrategic partnership can be found via the link.