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The modernisation of Bradet Hotel in Sovata costs of 7 million euro
The Hungarian group Danubius Hotels allocated funds of 7 million euro for the modernisation of Bradet Hotel in Sovata, Mures county.The unit is included in the luxury category, four star and was renamed Danubius Health Spa Resort Bradet. Thus, the hotel, previously classified as two star, entered the market of spa tourism, wellness &spa of Romania.
The touristic unit owned by Danubius Hotels Group in Sovata has also Hotel Danubius Health Spa Resort Sovata of four star and Hotel Faget of two star. The three hotels of the group have 400 double rooms (1,000 accommodation places).
Danubius Hotels Group is the biggest spa services provided in Central Europe with a portfolio of 56 hotels, in Hungary, the UK, the Czech Republic, Slovakia and Romania. According to the most recent report of the group, in Q1, Danubius had on the Romanian market net income of 2.3 million euro, growing by 6% against the similar period of last year.
‘The increase of income comes from the increase by 5% of the average tariff per room at 137 lei, from 130 lei, partially as a result of the renovation of the hotel Bradet’ the report says.
During the analysed period, the degree of occupancy increased to 52.7% from 49.1% in the first six months of last year, although there were 4% fewer rooms available as a result of the renovation works. The operational losses of the company cost 300,000 euro, up from 200,000 euro during the first six months of last year.