October 7, 2020 - Imagine leaving the walls of your home and doing your job sitting on a terrace overlooking the Adriatic Sea. It seems impossible, but this is exactly what the Valamar tourist chain offers. You can now rent a luxury mobile house on Krk for a month (or more).
The coronavirus pandemic brought many changes, so many were forced to bring their jobs from the office to their home. For those who are tired of working from home in the past few months, Valamar offers a solution.
"Move to the island of Krk and spend the autumn and winter of your dreams," is their new slogan, which offers guests monthly rent of luxury cottages with excellent internet connection for all digital nomads who wish to work from the Croatian coast.
"Mediterranean greenery and the endless blue Adriatic Sea are the best motivation to move your office to your green haven on the island of Krk this fall or winter," reads their website.
The mentioned houses are part of the 4-star Ježevac Premium Camping Resort near the town of Krk, the number of which is limited, and the minimum stay is 30 days. Monthly rent costs from 450 to 550 euros, depending on the size of the house.
Pleasant and useful
Looking at this offer, the question arises – why would such accommodation capacity be available for rent only during the summer? Tourism is unquestionably the most affected sector during the coronavirus pandemic, so tourism workers must constantly find new ways to attract guests, especially in the offseason.
Also, for people who want to travel and visit tourist destinations even during the pandemic, the important thing is a sense of security, and digital nomads are looking for one – a perfect lifestyle, whether it is a house overlooking the sea or the mountains.
Valamar very quickly recognized the need to strengthen products and content outside the main summer season, so these cottages can be rented from September 30, 2020, to March 30, 2021.
And so that visitors can take a break from the hustle and bustle of the city, Ježevac Premium Camping Resort offers a holiday without cooking and going grocery shopping with free delivery of fresh local products and delicious dishes through the online store Valfresco.
There is also a Multimedia Game Lounge, a fun area with video games, as well as a multi-purpose sports field. Pets are also welcome at the resort, whose stay costs 2.5 euros per day.
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October 3, 2020 - From mid-September, the Valfresco Direkt delivery service expanded to the Rijeka and the Opatija Riviera area, and as of October 1, Valamar's online store has become available on the island of Krk.
HRTurizam reports that Valfresco Direkt offers the products of family farms, winemakers, olive growers, and many other local producers with a long tradition in the production of healthy and quality food, as well as traditional dishes and desserts from Valfresco Cuisine.
Valfresco Direkt offers a wide selection of fresh local products and groceries from local producers and family farms, ready-made according to traditional recipes prepared in the Central Kitchen and Valamar distribution center in Vinež, as well as many other necessities bought in the market.
Valfresco Direkt delivery is ensured every day, including Sundays and holidays, and it is enough for the customer to place an order by 1 pm for the products to be delivered the next day, with the possibility of payment by cash on delivery or card online.
Valamar cooperates with more than a hundred local partners and suppliers from Istria and Kvarner, as well as Slavonia and Dalmatia, to expand cooperation to interested partners from all parts of Croatia.
Among the partners of Valfresco Direkt is the family farm Pavan Leon from Vrbnik on the island of Krk, which has been operating for twenty years and is known for the production of pure sheep cheese, mixed cheese and cottage cheese and high-quality lamb, various vegetables and Žlahtina wine.
Valfresco Direkt is for all citizens and tourists in Istria, and at the end of June, it became available for guests in Valamar's camps on the island of Krk.
Interestingly, Valamar has also entered the market of private accommodation, where it also offers its range of dishes, i.e., its web market delivers local groceries and freshly prepared ready meals, either to their facilities such as campsites and private hoomes and thus to tourists in their apartments. Certainly a big "game-changer" in Croatian tourism and for Valamar, which thus entered the segment of trade and even more strongly in the segment of catering. You can explore the website HERE.
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September 19, 2020 - Because Valamar procures 100 percent of its electricity from renewable sources, it holds HEP's ZelEn Certificate for the sixth consecutive year.
HRTurizam reports that when it comes to the use of electricity from renewable sources, this is not news for Valamar, but only a continuation of the development policy because the largest tourist company in Croatia, for the sixth year in a row, are holders of HEP's ZelEn certificate. This means that 100 percent of the electricity used in hotels and camps is provided from renewable sources.
Over the past few years, the procurement of electricity from renewable sources and other energy efficiency and sustainability measures has reduced total direct and indirect greenhouse gas emissions by more than 70 percent.
This year, Valamar successfully implemented a project to increase energy efficiency and end the use of heating oil in the Corinthia Baska hotel complex on Krk, with a total value of as much as HRK 10.6 million, co-financed by the Ministry of Environmental Protection and Energy.
In Valamar, 96% of the accommodation units have the ISO 14001 environmental management certificate, and six camps have been awarded the EU Ecolabel.
"By implementing a series of initiatives within the Green Valamar program, we want to emphasize the importance of sustainable tourism development and care for the environment as an indispensable criterion for creating new value and long-term quality of the tourist offer," says Valamar.
Valamar Riviera has developed nine umbrella corporate social responsibility programs, in which it invests a minimum of 2.5 percent of its annual revenues. In 2019, 5.8 percent of revenues, or HRK 129 million, were invested in these umbrella programs.
Green Valamar is one of the nine umbrella programs of the company's socially responsible business, within which activities in the field of environmental protection are systematically carried out and in which almost HRK 100 million has been invested in the previous three years.
One of the most famous actions is certainly last year's Valamar initiative "1,000 Valamar trees,", otherwise the largest green initiative of this type in Croatian tourism, as part of which Valamar plants at least a thousand new trees a year in its destinations along the Adriatic coast. This largest green initiative in Croatian tourism emphasizes the importance of sustainable tourism development.
Thus, over 1000 trees have been planted and more than 50,000 different seedlings such as tall shrubs and perennials in 2019 in Valamar hotels, resorts, and camps. The current Valamar plant fund covers a total area of 589 ha from Istria to Dubrovnik with 30,000 trees. Also, two years ago, Valamar completely eliminated plastic straws from use in its hotels and camps.
Green Valamar is much more than a socially responsible business program. It is a value, business philosophy, and currency that is increasingly sought after. Whatever one might think about Valamar, they have the facts to back up their positive actions, and that is that in 2019 alone, they invested 129 million kuna in umbrella CSR programs.
Well done to Valamar!
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Croatia's tourism giant Valamar reported a drop in revenue of 81 percent amid the ongoing coronavirus pandemic, but in spite of that, several positive results have come about.
As Poslovni Dnevnik writes on the 31st of July, 2020, in the first six months of this year, Valamar generated total revenues of 134 million kuna, or 81% less than it did back during the same period last year, as a result of the closure of tourist facilities from March to the end of May and significant disruptions to tourist flows caused by the global pandemic. The aforementioned factors continued to negatively affect the volume of business for Valamar in June.
In the first half of this year, Valamar actively managed the coronavirus crisis and launched action plans to stabilise its operations in time. The business was successfully "paused" on March the 15th, all jobs were preserved and Valamar was ready to welcome the opening of the season in June with modified products and services that increased the safety of guests and the quality of services.
The necessary liquidity for the company has been ensured until 2021 through plans for operational savings, investment savings, payment delays and agreements with investors. Operating costs were reduced by 61% compared to the same period last year, and the package of economic measures introduced the Croatian Government helped to preserve all jobs during the closure of Valamar's many facilities. Despite the crisis, Valamar Riviera confirmed its status as the best employer in Croatian tourism this year yet again, and took an impressive 6th place on the list of the best employers in all of Croatia.
All jobs were preserved within Valamar despite the economic crisis caused by the coronavirus pandemic
As of April the 1st, Valamar, with the support of its social partners, has been implementing the Pause, Restart programme, under which all employees who aren't working are provided with salary compensation in the amount of at least 60% of their regular salary, but not less than 4,250 kuna net per month. In the period from March to June, over 90% of Valamar's employees were on this ''pause'', for which the costs were jointly borne by the shareholders and the state, which subsidises this type of compensation. After the successful opening of most of Valamar's facilities and the start of the season, today, Valamar has more than 4,000 employees working again, while 1% of the large company's employees are still not working. Valamar will continue the Pause, Restart programme during the autumn and winter in order to preserve jobs until the spring of 2021, when business normalisation is expected.
Financial stability was maintained for further development
In addition to preserving jobs, Valamar's priority was to ensure sufficient liquidity to amortise the coronavirus crisis and continue development in the year 2021. In March, the decision to pay a dividend for 2019 was revoked, members of the Supervisory Board waived their fees, and the company management's salary was reduced by up to 30%. Additionally, policies and mechanisms of agreed payment deferral for 6 to 12 months to other stakeholders, including sales partners, suppliers, contractors, banks and others, have been introduced, with the aim of a balanced approach to crisis management and achieving business sustainability in times of crisis.
In agreement with the banks, Valamar has postponed the repayment of loans in 2020, and the finalisation of a new medium-term liquidity plan is expected in the coming days. Successfully acheived financial stability and an ownership-operational management model will enable full business start-up and continued development in 2021.
Investment management
The initially planned investment cycle for 2020 amounted to over 800 million kuna, but was reduced by 125 million kuna by the end of June. Valamar also temporarily slowed down the construction of the Valamar Pinea Collection Resort in Porec, Istria, the largest single investment in Croatian tourism worth a total of 790 million kuna, and postponed the completion of this investment. The investment in raising the quality and capacity of the Valamar Parentino hotel in Porec was successfully realised and the new family hotel received its first guests in the second half of July. The Supervisory Board of Imperial Riviera had given its prior consent for the continuation of investments in 2021 in the amount of 36 million kuna, which will complete the previous investments in Valamar Meteor hotels in Makarska and Valamar Parentino hotel in Porec, readying them for the 2021 tourist season.
The course of 2020's tourist season...
During June and July, Valamar gradually opened 21 hotels and resorts and all 15 campsites in eight Croatian Adriatic destinations, which are currently accommodating more than 30,000 guests, a remarkable success given the challenges facing tourism globally at the moment.
Croatia has a unique opportunity, given the high level of security, as well as its geographical in Europe, to impose itself as the most desirable destination in the Mediterranean and achieve strong growth in 2021. It is therefore necessary to preserve jobs in tourism and support business systems that have the ability and responsibility to start business back up again very quickly. With the support of all stakeholders, Valamar actively managed the crisis, launched the 2020 tourist season and ensured its quality position for a successful return to normal.
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August 1, 2020 - During June and July, Valamar gradually opened 21 hotels and resorts and all 15 campsites in eight Adriatic destinations, which currently house more than 30,000 guests.
HRTurizam reports that in the first six months of this year, Valamar generated total revenues of HRK 134 million, or 81% less than in the same period last year, as a result of the closure of tourist facilities from March to the end of May and significant disruptions to tourist flows caused by the global pandemic that continued to negatively affect business volumes in June as well.
However, in the first half of this year, Valamar actively managed the crisis and launched action plans to stabilize the business in time, Valamar Riviera points out, adding that the business was successfully "paused" on March 15, all jobs were preserved, and they were ready to welcome the season-opening in June.
"The necessary liquidity is provided until 2021 through plans for operational savings, investment savings, deferred payments and agreements with investors. Operating costs were reduced by 61% compared to the same period last year, and the measures of the Government of the Republic of Croatia helped to preserve all jobs during the closure of facilities. Despite the crisis, Valamar Riviera confirmed the status of the best employer in tourism this year as well and took a high 6th place on the list of the best employers in Croatia," the company emphasized.
As of April 1, with the support of the social partners, they implemented the Pause, Restart program, under which all employees who do not work are provided with a salary compensation for waiting for a job in the amount of at least 60% of their regular salary, but not less than HRK 4,250 net.
From March to June, over 90% of Valamar's employees were on Pause, for which the costs were jointly borne by the shareholders and the state, which subsidizes the compensation for waiting for a job. After the successful opening of most facilities and the start of the season, today, Valamar has more than 4,000 employees, while 1% of employees are still on Pause. They will continue the Pause, Restart program during the autumn and winter in order to preserve jobs until the spring of 2021 when business normalization is expected.
In addition to preserving jobs, the company's priority was to ensure sufficient liquidity to amortize the crisis and continue development in 2021. "In March, the decision on the payment of dividends for 2019 was revoked, the members of the Supervisory Board waived their fees, and the management's salary was reduced by up to 30%. Also, policies and mechanisms of agreed payment deferral for 6 to 12 months to other stakeholders, including sales partners, suppliers, contractors, banks and others, have been introduced, with the aim of a balanced approach to crisis management and achieving business sustainability in times of crisis. In agreement with the banks, Valamar has postponed the repayment of loans in 2020, and the finalization of a new medium-term liquidity plan is expected these days. Achieved financial stability and ownership-operational management model will enable full business start-up and continued development in 2021."
The initially planned investment cycle for 2020 amounted to over HRK 800 million, but was reduced by HRK 125 million by the end of June.
Valamar also temporarily slowed down the construction of the Pinea Collection Resort in Porec, the largest single investment in Croatian tourism worth a total of HRK 790 million, and postponed the completion of this investment. "The investment in raising the quality and capacity of the Valamar Parentino Hotel in Porec has been successfully realized, and the new family hotel received its first guests in the second half of July. The Supervisory Board of Imperial Riviera has given its prior consent for the continuation of investments in 2021 in the amount of HRK 36 million, which will complete the previous investments in Valamar Meteor hotels in Makarska and Valamar Parentino hotel in Porec in the fall," they added.
During June and July, Valamar gradually opened 21 hotels and resorts and all 15 campsites in eight Adriatic destinations, which currently house more than 30,000 guests.
"Croatia has a unique opportunity, given the high level of security, geographical and political position in Europe, to impose itself as the most desirable destination in the Mediterranean and achieve strong growth already in 2021. It is, therefore, necessary to preserve jobs in tourism and support business systems that have the ability and responsibility to start a business quickly. With the support of all stakeholders, Valamar actively managed the crisis, launched the 2020 tourist season, and ensured a quality position for a successful return to the development phase of business during 2021," concludes Valamar.
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As Poslovni Dnevnik writes on the 25th of May, 2020, this season, in order to increase the safety of guests, Valamar is introducing something called the "CleanSpace - 100% privacy" service, which guarantees that key points of contact in rooms and mobile homes are thoroughly cleaned and disinfected, and that no one enters the accommodation unit before the scheduled guest arrives. In addition, the service offers complete privacy in the room throughout the guests' stay with the guarantee that the staff will enter the accommodation unit only at the invitation of the guest themselves.
Valamar Riviera, known as the largest tourist company in Croatia, started opening its tourist facilities once again on May the 22nd, 2020, with the opening of the Lanterna Premium Camping Resort in Poreč and La Pentola restaurant in Rabac. By the end of May, the other twelve Valamar camps will open across Istria and Kvarner.
The opening of accommodation facilities owned by the tourist giant Valamar is a continuation of the plan to open the tourist season in Croatia, as announced by the Ministry of Tourism and the facilitated border crossing regime in May and June for Slovenia, Austria, Hungary, the Czech Republic, Slovakia, Germany and Poland. After that, it will be possible to open tourism up further to other markets depending on the epidemiological situation as time goes on.
For the past 90 days, Valamar's focus has been on managing the crisis caused by the global COVID-19 epidemic. As such, Valamar's business was successfully "paused", all jobs were preserved and the company was preparing for a restart while the priorities were to provide liquidity until the normalisation of business in 2021. Emphasis was placed on the modification of products and services to increase overall guest safety and accelerate existing digitalisation projects.
In the last 60 days, Valamar has modified its products and accelerated the development of its various digitisation projects to improve the services it can offer for the 2020 tourist season. In 2020, the accommodation capacity of hotels, resorts and camps will be reduced by 20 percent to provide even more space for guests in various areas. The key pieces of innovation that will be implemented at the re-opening of Valamar's numerous facilities are the "V Health & Safety" programme for the safety of guests, the aforementioned "CleanSpace 100% privacy" enhanced system for the cleaning of hotel rooms and mobile homes, the "Valfresco Direkt" online shopping and food delivery services, the "Online reception'' service and the "Bed & Brunch" concept.
V Health & Safety is a comprehensive programme encompassing health, safety and environmental standards, as well as advanced cleaning protocols aimed at further strengthening the hygiene standards that Valamar applies in its facilities. V Health & Safety protocols are harmonised with the safety recommendations of the World Health Organisation, the European Centre for Disease Prevention and Control, and the Croatian Institute of Public Health. From 2020 onwards, every accommodation facility owned by Valamar will have a V Health & Safety manager who is available to guests 24/7 throughout their stay, and should it be necessary, in close cooperation with the Croatian health system, manages the provision of health care for Valamar's guests.
This season, in order to increase the safety of guests, Valamar is introducing the "CleanSpace - 100% privacy" service, which has been detailed above.
As a result of the acceleration of digital development in 2020, the ''Online Reception'' service will be available to all hotel and camp guests. This service enables the check-in and check-out of guests via the Internet, thus simplifying arrival and departure procedures.
Bed & Brunch is a new restaurant concept in the Old Town Holiday and Sunny B&B hotels, which, instead of the classic half board scenario, offers an extended breakfast and brunch that guests can enjoy from 07:00 to 13:00, which gives them even more space and simplifies meals and hotel stays.
As part of the preparations for the restart of Croatian tourism amid the coronavirus pandemic, Valamar has developed a new service called Valfresco Direkt in just 60 days, which will be launched in early June in Istria and will be available to all citizens, tourists and Valamar guests.
Valfresco Direkt will enable the online ordering, purchase and delivery of domestic products directly to Valamar's customers, with special emphasis having been placed on partnerships with Croatian producers and family farms. In addition to a wide range of fresh local products, which are strongly supported by local producers, Valfresco will also offer a selection of ready-made dishes. The project will be premiered in Istria, and then the service will be extended to other Valamar destinations across the Republic of Croatia.
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March 26, 2020 - To preserve jobs and business continuity in conditions where tourist traffic is completely suspended, Valamar has decided to launch the ‘Pause, Restart’ program, which will apply from April 1 for a minimum of 30 to 90 days, the length of the Government's measure for preserving jobs.
HRTurizam reports that the Pause, Restart program will cover all Valamar employees for 30 to 90 days, which means that there will be no layoffs in Valamar. Also, about 2,800 workers employed by Valamar and Imperial Rab will benefit from Government measures.
All employees who cannot work due to the coronavirus crisis will be referred to the Pause, Restart program from April 1
During the Pause, employees will be provided a salary compensation of at least 60% of the regular salary, but not less than HRK 4,250 net. This measure will apply equally to employees and management, including seasonal and permanent seasonal workers.
During the Pause, the staff and management in charge of crisis management and administration, the maintenance, conservation and facility security staff, as well as the employees who perform communications with guests and partners, will work primarily, emphasized Valamar, adding that the part of management that has to work will be paid up to 30% until all employees return to work. Other full-time employees will be paid regular full pay.
"COVID-19 has triggered a global crisis and at the moment, tourism and hospitality are growing. Temporarily, until the situation calms down, we cannot operate regularly. We are proud of our employees and our goal is that no employee will lose their jobs because of this crisis. Valamar will do its best to get all of our people on a break back to their jobs as soon as possible. The situation is temporary; the business will start again and then we all need to be ready to Restart business. Valamar is a strong and stable company and I believe that with the support of the public sector, our shareholders, investors, partners and employees, we will survive this period and prepare for a quality business continuation,” said Valamar CEO Željko Kukurin.
Following the tightening of general prevention measures by the competent authorities, all hotels and restaurants in Valamar were closed in March.
The Management Board also canceled the General Assembly and, with the approval of the Supervisory Board, revoked the proposal for a dividend payment decision and, upon convening the General Assembly, will propose to retain the 2019 profit in order to increase liquidity and support the measure of preserving all jobs.
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Mach 13, 2020 - Valamar, the largest hotel company in Croatia, has decided to temporarily close its hotels in Porec, Rabac, and Dubrovnik due to the coronavirus outbreak.
Valamar decided to close its hotels in Porec, Rabac, and Dubrovnik temporarily, following the recommendation of the competent authorities and the decision of the County of Istria, which restricted public gatherings, closed schools and kindergartens and restricted use of public spaces, reports Index.hr and T.portal.
The Valamar Riveria Administration's statement is transmitted below in its entirety:
"Following the recommendations of the competent authorities and the decision of the County of Istria, which restricted public gatherings, closed schools and kindergartens and restricted the use of public spaces, Valamar decided to temporarily close the Diamond Hotel in Porec and Sanfior in Rabac. After the crisis headquarters stepped up border controls yesterday for nationals of Germany, Austria and other countries, we also decided to close the Lacroma and Argosy hotels in Dubrovnik.
There is no suspicion or occurrence of COVID-19 in Valamar hotels, but we are not able to provide the guests with the desired level of security, quality of service and experience of the destination in this situation. Given the closure of the schools and kindergartens, we have decided to stand behind our parents first and foremost, so Valamar employees will be on a collective vacation until the end of March. We believe that the National Headquarters is managing this unusual situation very well and it is only responsible to follow their recommendations and decisions with the common goal of preventing this as much as possible.
Tourism is a very important industry, so Valamar will continue to work closely with the competent authorities so that we can continue with preparations for the tourist season as soon as possible.”
The number of cases of coronavirus in Croatia rose from 27 to 31 overnight, Health Minister Vili Beros announced at a 9 am press conference in Zagreb.
There were two new cases in Istria, bringing the total there to 6, and two more in Zagreb, bringing the total to 12. the two Zagreb patients were from the close circle of existing patients, while one of the Istrian cases had returned from Italy, and the other had been in contact with someone from Zagreb who had returned to Switzerland.
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February 18, 2020 - Valamar Riviera, the Poreč Sports Community and the City of Poreč, have signed an agreement allowing the city's citizens and sports clubs to use the future pool facilities in the new Pical Zone.
HRTurizam writes that the agreement continues the successful cooperation so far at the Valamar Diamant 4* Hotel, and makes a large indoor pool and an outdoor tidal pool available to the city and the Sports Community as part of the future Pinea Hotel in the Pical Zone. Thus, with the completion of the investment in 2021, the City of Poreč will receive significantly better conditions for the operation of sports clubs and recreation of citizens. The large indoor pool will be 25 meters long with five swimming lanes, while the outdoor tidal pool will be 50 meters long.
"With the construction of the Pinea Hotel in the new Pical Zone, Poreč, for the first time, is receiving a large indoor five-lane swimming pool, which will be open year-round and, as such, will be of particular importance to athletes and recreational people as well as citizens. We are pleased to provide top athletes with even better conditions for training water sports,” said Andrea Štifanić, Director of the Property Management and General Affairs Division at Valamar Riviera.
"Through this cooperation between the City, the Sports Community and Valamar, citizens will have the opportunity to use the pool. We are aware of the importance of this kind of sports infrastructure for many recreational athletes and athletes and will include it in our investment plan, of course, when addressing priority infrastructure projects such as kindergarten construction, waterfront construction, roads or housing subsidies,” said Poreč Mayor Loris Peršurić.
“By agreeing on the use of the swimming pool at the Pinea hotel, our swimmers and water polo players will have the opportunity to train better throughout the year in our City, and therefore, we expect an increase in the interest of children and young people to participate in these sports actively. Improving training conditions will certainly result in better sports results. Certainly, new opportunities for recreational water sports are being created. We are extremely pleased about the successful cooperation with Valamar Riviera, which has been following the sporting activities and successes of our member clubs and athletes for a long time,” said Alfredo Mendiković, President of the Sports Community of the City of Poreč.
Valamar plans to invest around 1.5 billion kuna in the Pical zone, which will make it one of the most attractive tourist zones in Croatia. In addition to 20,000 m2 of beaches, the citizens of Poreč will have a four-kilometer circular path for outdoor activities such as jogging and cycling and a 10-kilometer promenade.
Pinea Hotel will be positioned as a luxurious five-star hotel, will have the largest hotel event center in Istria, and a full offer for active holidays throughout the year, where in addition to swimming, there will be numerous other sports and recreational facilities for tourists and citizens.
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As Poslovni Dnevnik writes on the 30th of January, 2020, the opening of Valamar's new centre, which can accommodate up to 1200 people and can be adapted to any type of conference, congress, seminar, meeting or exhibition, is planned for spring 2021 in Porec, Istria.
Croatia's leading tourism company Valamar Riviera is building the largest hotel event centre in Istria. The Pical Convention Centre in Porec will be able to accommodate up to 1,200 people, deal with every type of conference, seminar, meeting, exhibition and event, and provide the highest level of support for the organisation of the event with it.
In addition to the large congress hall, guests will have seven meeting rooms and state-of-the-art event equipment, sound and technology made available to them. The Hotel Pinea will offer 514 accommodation units and a total of 1100 guest accommodation units nearby. A few minutes on foot from the old town of Porec, surrounded by beautiful scenery, Valamar's new convention centre will also boast a great gastronomic offer and will offer guests interesting tours.
''We're building the Pical Convention Centre as part of the largest project in Croatian tourism, with which we want to bring new quality to Porec's tourism and strengthen its positioning as one of the most prestigious destinations on the Adriatic. The MICE segment of the tourism business enables the extension of the tourist season, brings guests interested in getting to know and experiencing the destination and our mission is to provide them with the best event and stay organisation service in Porec,'' said Davor Brenko, Vice President of Sales and Marketing at Valamar Riviera.
The total value of the investment that Valamar will realise at Hotel Pinea, the completion of which is planned for the 2021 season, stands at 790 million kuna. With investments already made in the previous period, which in addition to Hotel Pinea includes the Valamar Collection Marea Suites 5 * which opened last year, the Valamar Parentino Hotel 4 * will be expanded and further enriched with the more facilities for the 2020 season.
The gourmet offer will be expanded with various restaurants and bars, beaches, promenades, sports and recreational facilities for the citizens and guests of the increasingly popular Istrian city of Porec. Special care is being taken to arrange the horticulture, which includes the planting of trees, vegetation and ornamental plants. With the realisation of these investments, the Pical Riviera area in Porec will become one of the most attractive tourist zones in all of Croatia.
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