June the 5th, 2022 - The well known Croatian Valamar company has purchased yet another Austrian hotel in a popular ski resort, as it eyes further expansion and the offer of permanent work contracts for its employees.
As Poslovni Dnevnik/Marija Crnjak writes, the Croatian Valamar company is continuing to expand its portfolio in Obertauern, Austria, by acquiring the luxury Hotel Kesselspitze, which will thus become the third Valamar-run hotel in Obertauern and the first Valamar Collection hotel in Austria. The Hotel Kesselspitze has so far been owned by the Lürzer family, which is recognised as a leader in development and innovation in the entire Obertauern destination.
The internationalisation of the Croatian Valamar company's overall portfolio with a focus being placed on winter destinations in the Alpine region is one of the company's strategic goals from back in 2018 with the opening of the first 4 * hotel, the Valamar Obertauern Hotel. The company's expansion in Austria continued throughout the year 2021 through the acquisition of the Marietta Hotel in Obertauern and the establishment of a new ownership structure within Valamar A GmbH, an SPV company in which Valamar has a minority investor but provides hotel management services to the entire portfolio.
The Hotel Kesselspitze 5 * is otherwise one of the most famous and recognisable hotels in Obertauern, it boasts 66 rooms, a restaurant, an indoor pool and wellness facilities, and enjoys an excellent location with direct access to the nearby ski slopes. The Valamar Collection brand represents the highest level of services and comfort for guests, as well as a range of services that Valamar will offer to guests. As the first Valamar Collection hotel in all of Austria, it will open its doors during the winter season of 2022/2023.
"The internationalisation of business by expanding our portfolio in winter destinations in the Alps is a strategic goal of Valamar. The acquisition of the third hotel in Obertauern represents another important step in the realisation of business synergies, especially the employment of our seasonal employees for the whole year,'' said Zeljko Kukurin, CEO of Valamar Riviera.
The Croatian Valamar company plans to continue investing in the quality of its portfolio in nearby Austria.
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