InvestorsHub Logo
Followers 0
Posts 290
Boards Moderated 0
Alias Born 01/04/2011

Re: None

Wednesday, 02/02/2011 2:32:58 PM

Wednesday, February 02, 2011 2:32:58 PM

Post# of 17907
Has anyone seen this? I just saw it when looking at the various Hotels and Resorts in Varna and there are more in St. Constatine and Helena just down the coast in line with Golden Sands Resorts.

http://www.balkans.com/open-news.php?uniquenumber=91850

http://newsblaze.com/story/2011020107001300012.mwir/topstory.html

http://www.tripadvisor.co.uk/ShowUserReviews-g295392-d1563769-r81872458-Grand_Hotel_Dimyat-Varna_Varna.html

http://www.visitbulgaria.net/en/varna/hotels/dimyat_grand_hotel.html

I have discovered that this is one of the main tourist places for Europeans. It seems like this again has very good potential and I think when they close the deal and the first summer goes by and we see the revenue numbers we will start to see the potential here.

Does anyone have any idea what the normal revenue would be for a Hotel of this nature in the same climate on yearly basis would be? I am trying to figure out how to search for that information. Thank you.

Anything that I state is speculation and my opinion only. Please do not take anything I say as information you should invest on.