Falkensteiner interested in HUP Zagreb? – Job worth EUR 200 million

Falkensteiner is interested in acquiring the hotel chain HUP Zagreb, run by Andjelko Leko. The job is allegedly worth EUR 200 million, Jutarnji List learns.

The HUP Zagreb shares are currently at HRK 3,199. At the current market value, HUP Zagreb is worth over HRK 1.38 billion (around EUR 185 million) at the stock exchange.

In its hotels in Zagreb, The Westin Zagreb Hotel, Sheraton Zagreb Hotel, Hotel International, Panorama Zagreb Hotel, Hotel Jadran and Hotel Zagreb, HUP Zagreb offers accommodation in more than 1,300 rooms and apartments.

In the Dubrovnik area, in the hotels Astarea and Mlini, HUP Zagreb offers accommodation in 440 rooms, whereas the new hotel Sheraton Dubrovnik Riviera, which opened in mid-2015, has 240 rooms and 11 apartments, as well as the biggest hotel congress hall in Croatia.