RETROSPECTIVE 2015 - Investment in TOURISM, ENTERTAINMENT and RECREATION which attracted greatest interest of eKapija readers

The eKapija investment team has recently done an analysis and formed a ranking listof investments and investment ideas that attracted the greatest attention ofeKapija users in 2015. The results are very interesting, some are expected, butthere is a plenty of surprises, which is why we have decided to share thisinformation with you.

We are presenting the mostinteresting projects in TOURISM, ENTERTAINMENT AND RECRETAION.

During the previous year, Belgradewas the most interesting for investors. Big brands such as "Marriott", "Hilton","Kempinsky" and "Intercontinental", arrived to the capitalwith an intention to take a piece of market cookie. Belgrade is followed byZlatibor where one of the biggest hotels in Serbia is under construction, grandiosespa center was opened and construction of ski infrastructure has beenannounced. Let’s start.

(Tornik hotel in Zlatibor) Although many announcementsfollowed, , Zlatibor should this year finally get the biggest hotel for capacity.The project is the first ranked atour list. The newest member of A hoteli is Tornik, which will have 360 rooms and suites. As Miroljub Aleksic, owner of Alco Grupa said for eKapijawithin which, A hoteli operate, a hotel will comprise a congress complex on 2.250m2. Rotation restaurant from which a nice panorama view over Zlatibor will beavailable will definitely be one of the news. Opening will be done in stages.

In retrospective 2014, it was mostcommonly mentioned and read about. Now, the Belgrade hotel Radisson Blu Old Mill is vice champion. At the same time, there was a news it receivedBooking.com - "Guest Review Award" acknowledgment. Radisson is the first-rankedin providing the best experience for guests and has a grade 9,1. This authentichotel won Booking.com community with its extraordinary design, extraordinary serviceand unique OMB Larder + Loungerestaurant and bar.

(Courtyard Marriott-Belgrade CityCenter hotel) The third-ranked is Courtyard Marriott - Belgrade City Center, opened October 17, last year in line with standards of thefamous hotel operator, Marriott International which manages 4.200 hotelsworldwide. It is an investment of EUR 30 m and the investor is PSP-Farman whichopened more than 100 new vacancies with the hotel constriction. Theconstruction ended in record period of 14 months.

It is followed by another world name.Grandiose Hilton is coming to Serbia withthe hotel which will have more than 250 suites and rooms. As eKapija previouslyreported, the investor, Belgrade-based KMKM, is ready to pour EUR 35-40 m in thefacility.

Mona and Mona Hotel Management (MHM) opened a new wellness center within Zlatibor Mona Hotel in May, in which EUR 600.000 was invested. This project in Zlatibor is the fifth-ranked at our list. Theentire complex got greater beach area as well as modern dressing rooms and hasa new name - - Inspirium.

(Spa center "Inspirium")

Construction of gondola at Mount Zlatibor has been thoroughly discussed, more for the permit than the project. Gondola,whose construction seven years as of the announcement, started in August isnine kilometers long and will connect a tourist settlement Zlatibor and thehighest peak of this mountain - Tornik. With one inter-station, gondola willhave 55 passenger cabins with ten places. Equipment totaling almost EUR 10 m waspurchased with the funds of the Cajetina municipality from French company Pomagalski.

The seventh-ranked is the construction of a high category hotel Kempinsky. The project with two towers, with a numberof floors as a part of residential and office complex should be built in Block11 in Zemun.

(Kempinsky hotel) The eight ranked is Zlatarmountain which in the last week of December became righer in another hotel, Zlatarski biseri.

Ninth position went to announced investment in Indjija and construction of an aqua park totaling EUR 40 m. As stated at the website of BlackOakcompany, outdoor part of aqua park will extend to 100.000 m2, while indoor willextend on 10.000 m2.

The tenth-ranked is the arrival of "Intercontinental"hotel group which will, with its brand, Crowne Plaza, after Belgrade, reachNovi Sad as well. . As InterContinental hotel groupannounced (IHG). Novi Sad-based CrownePlaza will have 144 rooms and the opening is planned for 2016.

(Announced hotel in Leskovac) Position 11to 15 of our ranking list comprises: hotel in Leskovac which Delta Real estate is building, the story about the Constantine The Great Beograd hotel, and more popular Envoy Beograd hotel. The news that Belgrade Waterfront is getting W Belgrade hotel and BW Residences suites, was interesting as well as Delta will open InterContinental in NoviBeograd. At position 16, there is opening of Holiday InnExpress Beograd hotel, while17th position goes to the story of Despot’s town , as the project in Belgrade is called which is still in theconsideration stage of one part of the Government. The attention of eKapija readers was alsoattracted by the wish of Kuwait AlghanimNational to build a spa resort in Becej totaling 120 m. Orient Villa Beograd Hotel brought the spirit of orient to the capital and deserved the 20th place.

Take a look at the entire list ofinvestments in TOURISM, ENTERTAINMENT AND RECREATION and compare to what extent it matches yourthoughts, estimations and grades.

And, one more thing,have you seen which projects attracted most of your attention in HEALTH CARE, ENERGY and TRANSPORTATION?

eKapija.com Beograd

A hoteli - lanac hotela Beograd

Alco group d.o.o. Beograd

Hotel Zlatibor Mona

Mona d.o.o. Beograd

ZLATIBOR PLAZA d.o.o. Beograd

PFB properties Beograd

PSP Farman Beograd

KMKM Beograd

ZAP d.o.o. Beograd

Opština Čajetina

Skijališta Srbije Beograd

Pomagalski S.A. Voreppe Cedex, France

Hotel Jugoslavija Beograd

Kempinski AG Nemačka

Složna braća Zoran i Nele doo Nova Varoš

Blackoak developments d.o.o. Beograd

Opština Inđija

Hotel Sheraton Novi Sad

InterContinental Hotels Group PLC

Delta Real Estate d.o.o. Beograd

Hotel CONSTANTINE THE GREAT Beograd

ADOC DOO BEOGRAD

Delta Holding d.o.o. Beograd

Beograd na vodi d.o.o. Beograd

Hotel Orient Villa Beograd

Starwood Hotels and Resorts Worldwide, Inc. Stamford

Holiday Inn Express Beograd

A hoteli

lanac hotela Beograd

Alco group Beograd

hotel Tornik na Zlatiboru

Tornik Zlatibor

hoteli na Zlatiboru

Zlatibor

Hotel Zlatibor Mona

Mona Hotel Management Beograd

Radisson Blu Old Mill Hotel Beograd

Stari mlin

Marriott Beograd

PSP Farman Beograd

Courtyard Marriott Belgrade City Center

hotel Meriot

KMKM Beograd

ZAPP Beograd

hotel Hilton

hotel na Slaviji

novi hoteli u Beogradu

Pomagalski S A Voreppe Cedex France

gondola na Zlatiboru

gondola Zlatibor

izgradnja gondole na Zlatiboru

Milan Stamatović

hotel Kempinski

hotel Jugoslavija

Blok 11

Putevi Zlatar SLOŽNA BRAĆA ZORAN I NELE Drmanovići

hotel Zlatarski biseri

Skijalište Briježđe

Zlatar

zimovanje na Zlataru

smeštaj na Zlataru

skijanje na Zlataru

Blackoak developments Beograd

akva park Inđija

Crowne Plaza Novi Sad

Kraun Plaza

Holiday Inn hotel u Novom Sadu

IHG

Intercontinental hotels Group

novi hoteli u Leskovcu

hotel Leskovac

smeštaj u Leskovcu

projekti u Leskovcu

Hotel Constantine The Great

Konstantin Veliki Beograd

Hotel Envoy Beograd

Hotel W Belgrade

Hotel Intercontinental Beograd

hotel W Belgrade

apartmani BW Residences

hotel u Beogradu na vodi

Alghanim National

spa rizort u Bečeju

hotel Jugobanka

hotel Orient Villa Beograd

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