News
Bohemian Completes Public Offer for Hoteli Jadran
DTB assisted the Hungarian financial enterprise Bohemian Financing related to the mandatory public offer for shares in Hoteli Jadran, a Croatian tourist company operating in the south Adriatic.
Infrastructure and Tourism Enabling Programme
Provision of a sovereign loan facility of up to EUR 60 million to the Republic of Albania to finance tourism-enabling and general municipal infrastructure and transport infrastructure.
The Sale of a Major Slovenian Tourist Agency KOMPAS on Hold
KOMPAS d.d. is for sale as part of Fortenova group's divestment of non-core businesses.
The Sale of Rogla Ski Resort and Zrece Thermal Spa Temporarily Suspended
UNIOR d.d. announced the sale of its subsidiary UNITUR d.o.o. , which is active in tourism and owns the Rogla Ski Resort and Zrece Thermal Spa.
Investment Opportunity: Medical-Thermal Center Benedikt
The basic project envisages the construction of hotel accommodation, cottages, a health and rehabilitation centre, a recreation and tourist complex on a plot area of 78,000 m².
Investment Opportunity: Planned Tourism Resort VITAL & SPORT RESORT KIDRICEVO
The planned tourism resort is an innovative investment project based on three main products: (i) preparation of professional and recreational athletes, (ii) active holidays and (iii) health and well-being, which is in line with the trends and demands of the tourist market.
Kozuf Ski Resort
Kozuf is a very small ski resort with just three ski lifts (1 chair lift, 2 surface lifts) but boasting a very impressive 573 metres (1880 feet) of vertical descent. It has 1,110 acres of terrain over 12 pistes.
Spa Complex Thermana For Sale
The Slovenian Bank Assets Management Company is selling Thermana d.d., which includes a spa with two hotels and a retirement home.
A New Period in Tourism Investments: Room Sales to Third Parties
Within the last year, it has become possible for tourism investors to get an extension of up to 49 years for the term of usage rights granted on public real properties; and to acquire the real properties on which an easement right is established or has been allocated in favor of the tourism investors or the operators.
On 30 June 2018, another long-awaited amendment was made to the Regulation on Certification and Qualifications of Tourism Facilities, legalizing the sales of hotel rooms in the tourism facilities to third parties.
Busra Ozden, Associate at SEE Legal’s Turkish member, Kolcuoglu…
COVID-19
What are the Labour Law Aspects of the Third Slovenian COVID-19 Law Proposal?
Authors: Kaja Baskovic, Darja Miklavcic, SELIH & PARTNERJI Law Firm
On 20 May 2020 the Slovenian Government adopted a Proposal of the Act Determining the Intervention Measures to Contain and Mitigate the COVID-19 Consequences (hereinafter “Proposal”) and proposed it for adoption to the Slovenian Parliament. We are presenting the proposed solutions in the area of labour law and the specifics of proposed solutions for sectors of tourism and catering that are expected to enter into force if the Proposal is adopted by the Slovenian Parliament in the proposed wording.
1. Part-time work
The…
Package Travel Directive – COVID-19 Adjustments Strongly Needed
COVID-19 hit worldwide tourism at an unprecedented level. UNWTO estimated, as of March 2020, aggregate losses of up to USD 350-400 billion, which is one-third of the global turnover of tourism business.
Tax Exemptions Due to COVID-19 Crisis
In order to help the local businesses, the Government of the Republic of North Macedonia adopted two decrees with legal effect as law, providing tax exemptions primarily for businesses working in most affected sectors, such as tourism, transport and hospitality, applicable to companies and taxpayers which are performing an independent activity.
