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Reconstruction of the existing hotel and the construction of additional facilities




Project title: 

Reconstruction of the existing hotel and the construction of additional facilities


User name: 
Medora hoteli i ljetovališta d.d.


Total project value: 
HRK 97,437,500.00 


Total eligible project costs: 
HRK 76,890,000.00


Awarded grants: 
HRK 10,000,000.00


The project is co-financed by: 
The European Regional Development Fund


Project implementation period: 
4 February 2016 – 4 February 2017


The overall objective of the project: 
Contribute to increasing the competitiveness of the tourism sector in the Republic of Croatia.


The specific objective of the project: 
The modernisation of the accommodation and catering facilities of an existing two-star hotel and the construction of further facilities, in addition to increasing the hotel’s category to four stars. 


A short description of the project:
The project includes the reconstruction and equipping of the existing hotel building with 181 accommodation units (425 beds) and the construction of additional facilities (two outdoor heated pools, wellness, fitness, a children’s playroom with an outdoor playground and a conference room).


Expected results and effects of the project in the third year after completion: 
  1. 32 % increase in the number of overnight stays in the renovated hotel.
  2. 39.9 % annual occupancy of the accommodation facilities in the renovated hotel.
  3. 18 new job positions created at the renovated hotel.
  4. Extending the tourist season at the renovated hotel to seven months.
  5. 70 % increase in company revenue from sales in tourism.


More information on the project implementation at the company Medora hoteli i ljetovališta d.d. can be obtained from the website www.medorahotels.com, in writing to the address Mrkušića dvori 2, 21327 Podgora, or by calling the phone number 021 601 700. The contact person is Ms. Martina Pehar.
For more information on the Structural Funds, visit the website of the Ministry of Regional Development and EU Funds of the Republic of Croatia www.strukturnifondovi.hr. 


The content of the materials is the sole responsibility of the company Medora hoteli i ljetovališta d.d.
 
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