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Croatia's Valamar Riviera turns to net loss in 2020

Croatias Valamar Riviera turns to net loss in 2020 Valamar Isabella Island Resort. Author: Valamar. License: All rights reserved. ZAGREB (Croatia), March 3 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP-R-A] said it turned to a 358.8 million kuna ($57.2 million/47.3 million euro) net loss in 2020, from a 305.9 million euro net profit the previous year, hit by the coronavirus pandemic. Consolidated revenues fell 68.6% on the year to 696.9 million kuna, with sales...
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