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The sale of the Coroana-Postăvaru hotel massively increases Aro-Palace's profit in the first three quarters of the year - Vimarsana News

The sale of the Coroana-Postăvaru hotel massively increases Aro-Palace's profit in the first three quarters of the year

Aro-Palace Braşov (ARO), a company with a tourism profile controlled by Transilvania Investments (TRANSI), reported a net profit of 34.7 million lei for the first nine months of the year, well above the 0.3 million lei in the same interval of last year, given that in July it sold the Coroana-Postăvaru hotel, as it appears from a report of the issuer published on the website of the Bucharest Stock Exchange (BVB).

Source: bursa.ro
HVS Europe Hotel Transactions Bulletin Week Ending 21 July 2023 - Vimarsana News

HVS Europe Hotel Transactions Bulletin Week Ending 21 July 2023

Article - HVS Europe Hotel Transactions Bulletin Week Ending 21 July 2023 - A summary of European hotel transactions provided by HVS

Europe Hotel Transactions Bulletin - Week Ending 21 July 2023 - Vimarsana News

Europe Hotel Transactions Bulletin - Week Ending 21 July 2023

Pandox AB acquires the Hilton Belfast from Starwood Capital, AEW acquires the Marriott Paris Charles de Gaulle from Commerz Real, Louis Fitzgerald Group acquires the Imperial Hotel in Cork, Ireland, from The Flynn Group, Art-Invest acquires the Nestor Hotel Neckarsulm in Germany, La Française RE acquires the future Ruby Hotel Marseilles in France from BNP Paribas RE, EXTENDAM and Banque des Territoires acquire the future TRIBE hotel in Montpellier, France, EXTENDAM and Annie Famose acquire the Radisson Blu Hotel, Biarritz in France from JMA, Ataxia REIM acquires the L’Univers in Reims, Fran...

Tourism : Transilvania Investments sells Coroana-Postavaru Hotel for over EUR 9 M - Vimarsana News

Tourism : Transilvania Investments sells Coroana-Postavaru Hotel for over EUR 9 M

Aro Palace SA announces the completion of the sale procedure of Coroana-Postavaru Hotel, informs the company’s majority shareholder, the investment fund T...

Aro-Palace Sells Coroana-Postavarul Hotel In Brasov For EUR9.4M - Vimarsana News

Aro-Palace Sells Coroana-Postavarul Hotel In Brasov For EUR9.4M

Hotel company Aro-Palace (ARO.RO) on Friday informed its shareholders and interested people via a stock market report that it was signed the sale-purchase contract for the Coroana-Postavarul Hotel in Brasov (central Romania) with the company Elevate Properties SRL, for the amount of EUR9.4 million.