Good for Business, Investments, Latvia, Real Estate, Tourism
International Internet Magazine. Baltic States news & analytics
Tuesday, 16.04.2024, 09:36
EUR 15 mln invested in renovation of Semarah Hotel Lielupe SPA & Conferences
BC, Riga, 04.07.2016.
Print version
Print versionAbout EUR 15 mln have been invested in renovation fo Semara Hotel Lielupe SPA & Conferences in Latvia’s seaside resort Jurmala, writes LETA according to the hotel’s representatives reported.
 |
|---|
The hotel head Juris Baumerts said that the hotel was opened on June 30. During renovation, it has been turned from a resort hotel into a four-star hotel with 264 rooms, swimming pools, saunas, tennis courts restaurants and bars, a fitness center, a beauty parlour and a top-class conference center.
According to Firmas.lv business database, Semarah Hotel Management last year posted EUR 3.71 mln in sales, down 6% from 2014. The company’s loss last year was cut from EUR 529,143 in 2014 to EUR 111,378 in 2015.
Semarah Hotel Management was established in 2012 and has a share capital of EUR 2,845. The company belongs to Russian citizen Nikita Polovinkin (60%), and IMG Hotels (40%).
«The Baltic Course» Is Sold and Stays in Business!
