No one wants the Grand Hotel Aranybika

Economy Local News

No tender has been received on the purchase of the famouse Hotel. The starting bidding price was 2.1 billion Huf.

As already reported on several occasions, that the Civis Hotels Ltd. has to sell its hotels due to financial difficulties. The Grand Hotel Aranybika net purchase price starts from 2.1 billion Huf. Two further hotels was on sale and only the one in Hajduszoboszlo has a bidder.

The deadline expired two weeks ago, but Imre Buga the administrator of the company told no details just wanted to inform the public and lenders about the unsuccessful tender.
He told the press that neither the Aranybika nor the Best Western Kalvin received purchasing applications. Only the Hotel Delibab received positive feedback and bid from investors.
The tender is valid, but has not yet managed to reach agreement with creditors, whether they accept it. National Economy Minister Gyorgy Matolcsy confirmed that the government does not allow to sell the hotels in a low price and going to monitor the full process. The minister added that the new owners will expect to receive financial aid from the government`s tourism boosting sources.

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