In the first nine months of this year, Valamar Riviera achieved revenue growth of 19 percent

first_imgValamar Riviera dd from Poreč, the leading tourism company in Croatia, in the first nine months of 2016 generated total operating revenues of HRK 1.487 million, which is an increase of 19 percent compared to the same period last year. In the first nine months of 2016, consolidated operating profit (EBITDA) grew by 18 percent.Strong revenue growth is the result of sales revenue growth of HRK 1.382 million through 4,93 million overnight stays, an increase of 8 percent, and an increase in the average price of over 5 percent, while non-board consumption increased by 27 percent compared to the same period last year. Revenue growth is the result of good results in the pre- and post-season through the successful implementation of major events in Dubrovnik and Porec, excellent business of hotels, resorts and camps of higher categories throughout the period, development of value-added services and destination products and acquisition of Hotels Baska ddSignificant added value for shareholders was realized, which is also reflected in the growth of market capitalization of 43 percent in the first nine months of this year. “The business results achieved in the first nine months of this year confirm the success of Valamar Riviera’s growth and development strategy, which is based on continuous investments in portfolios, employees and destinations with the aim of creating added value for shareholders and other stakeholders. Last year’s acquisition of Baška showed excellent results in improving business on the island of Krk, so we believe that Valamar’s presence on Rab will contribute to the further growth of the company and the development of tourism in this leading Croatian tourist destination. We are currently focused on the preparation of the business year 2017, during which Valamar will invest more than HRK 750 million in raising the quality of the portfolio and in the development of human resources, which are key to the continued growth of the company’s value.”, Pointed out Željko Kukurin, President of the Management Board of Valamar Riviera.Photo: FB ValamarIn 2016, Valamar Riviera expects to generate between HRK 1.460 and 1.475 million in operating revenues, ie an increase of 12,8 to 14 percent compared to last year. Revenue growth will be accompanied by strong growth in consolidated operating profit (EBITDA), which will reach between HRK 500 and 515 million annually, which is an increase of HRK 77 to 92 million or up to 22 percent compared to 2015. The announced investment cycle in 2017 represents the company’s largest investment in portfolio development in one year, and a large part relates to projects in Rabac – Family life Bellevue Resort 4 * and Girandella Resort 4 * and continued investment in premium camping.last_img read more

The Cadillac Three set February release for new album Country Fuzz

first_imgThe Cadillac Three have announced the release of new album Country Fuzz via Big Machine Records on February 7th 2020.To mark the announcement, the band has released news tracks Long After Last Call and Back Home, which are available to download and stream now. Country Fuzz is the band’s fourth studio album.“We’ve spent the last two and a half years working on this album,” exclaims GRAMMY-nominated frontman Jaren Johnston, “but our sound even since high school has always been the epitome of Country Fuzz – Country, rock and just a little bit of funk.”The Cadillac Three were recently announced for C2C: Country to Country. They will perform on the Main Stage in London alongside Charles Esten and Erich Church, and they’ll also perform at C2C in Dublin, Glasgow, Amsterdam and Berlin.The full dates are:March 6th – Verti Music Hall, BerlinMarch 8th – AFAS Live, AmsterdamMarch 13th – O2 Arena, LondonMarch 14th – SSE Hydro Arena, GlasgowMarch 15th – 3 Arena, DublinThe track listing for Country Fuzz is:1. Bar Round Here2. The Jam3. Hard Out Here For A Country Boy (featuring Chris Jason and Travis Tritt)4. Slow Rollin’5. All The Makin’s Of A Saturday Night6. Crackin’ Cold Ones With The Boys7. Labels8. Raise Hell9. Back Home10. Dirt Road Nights11. Blue El Camino12. Jack Daniels’ Heart13. Why Ya Gotta Go Out Like That14. Heat15. Whiskey And Smoke16. Long After Last Calllast_img read more