in Hungary - Turizmus Online
Transcription
in Hungary - Turizmus Online
Arab – Hungarian Economic Forum – 2012 Budapest tourism in Hungary Tourism has developed into a global driver of economic development in recent years and the European Union remains the world’s most popular destination. The attractiveness of Eastern Europe has also grown significantly. There are a large number of sites in Hungary of great interest to European and global tourists. The significance of the tourism sector is supported by official figures showing that the industry accounts for 8.5% of Hungary’s total GDP with multiplier effects. Almost 400,000 people are employed in the sector. Within the tourism industry, Hungary is gaining territory in the health, conference and historical subsectors due to the geothermal, geographical and historical resources. Tourism Arab – Hungarian Economic Forum – 2012 Budapest Introduction • The National Tourism Development Strategy (NTDS) (2005-2013) ensu res that tourism development is prioritized by the Hungarian govern ment. • Government bodies and HITA are ready to provide effective support for tourism investments. Overview The country is blessed with a remarkable range of tourism offers, making it an important destination for health, historical and conference tourism. Domestic tourism development represents a further opportunity to develop golf and hunting tourism, castles and theme parks. At the same time, there are already a large number of foreign companies present in Hungary, which tends to inspire confidence in new investors. Reasons to invest in Hungary • Steady increase in foreign visitor arrivals. Neighbouring countries are also potential suppliers due the growth of their economies. • Hungary’s relevance as a tourist destination will increase due to its favourable geographical features, its security and easily accessible infra structure. • Unique geothermal characteristics of Hungary contribute to the growth of wellness and health tourism. Long traditions and know-how in the usage of thermal water also attracts foreign tourists. • Great potential in conference tourism in the regional capitals. Buda pest has already grown into a popular MICE destination. • Growing occupancy rate in the 4* and above category accommoda tion. • Six cultural and two natural locations in Hungary have been assigned World Heritage status. These include the wine region of Tokaj, the city centres of Budapest and Pécs, the Abbey of Pannonhalma, the tradi tional village of Hollókő, the national park in Hortobágy, the Fertő lake landscape and the stalactite caves of Aggtelek. In addition Hungary’s natural treasures are well protected: 10% of the territory of Hungary is under environmental protection. • There is still growth potential in quality accommodation (especially in the countryside) due to under-development of the sector and a lack of financial capital. • Investment projects are available in the field of theme parks, thermal, golf and casino tourism, and castle renovation, please see the database of the Hungarian Investment Projects (HIP). • Competitive wages: less than half of the Western European average according to Eurostat. The growing importance of the health industry is increasingly noticeable all over the world and Hungary is in a position to gain from this trend. Thanks to the country’s highly developed network of thermal and wellness spas, the thermal and medicinal springs that can be found all over the country are already an important part of the health tourism industry. Around 80% of the country’s surface has access to thermal water and favourable geothermal characteristics, which puts Hungary ahead of its competitors, such as Japan, Iceland, Italy and France. Furthermore, Hungary is generating outstanding revenues in the dental tou rism sector. The high standard and reasonable price of medical treatments in Hungary means that visitors can combine an enjoyable city break in Hungary with a thrifty trip to the medical centre. Historical tourism includes cultural and world heritage sites, as well as protecting natural values and national parks, equestrian and village tourism, gastronomy and wine tourism, and special festivals and events. Tourism Arab – Hungarian Economic Forum – 2012 Budapest Conference tourism also plays a significant role in Hungary. Based on sta tistics published by the highly respected International Congress & Convention Association (ICCA) in 2011, Budapest ranked 11th among the world’s top conference destinations. The development of strategic destinations is a top priority both in areas that are yet to maximize their potential and those that already draw the largest numbers of tourists. The objective and expected results of the National Tourism Development Strategy (NTDS) The strategy for the health industry aims first at the optimal and efficient exploitation of the country’s thermal water and geothermal potential. The second focus is on organizing a network from the related production and service sectors. The objective of the health industry’s development is to create a distinct, national industrial sector emphasizing the positive attributes of the country. Both human and natural benefits can provide strategic advantages to exploit. There are a number of strong synergies between the sectors of the health industry. Elements of the strategy: 1. Health tourism 2. Utilization of geothermal energy 3. Horticulture 4. Beauty industry, cosmetics 5. Mineral water production 6. Pharmaceuticals industry 7. Biotechnology, nanotechnology 8. Medical appliance engineering 9. Balneology 10. Horizontal aspects – health industry hubs 11. Education related to the health industry 12. Specialized construction industry This programme intends to provide the Hungarian economy with cutting-edge developments across diverse fields, emphasizing the uniqueness of the coun try. It will lay the foundation for job creation, higher incomes and an increase in the gross domestic product. Already invested Tourism Arab – Hungarian Economic Forum – 2012 Budapest Budapestwood Studios Movie Entertainment Park Investment Summary Industry Tourism Executive summary The planned Movie Entertainment Park is an American style movie-themed multifunctional centre, a combination of commercial and entertainment deve lopment including a hotel. A unique attraction in Central Europe and the only movie-themed park in Europe directly connected to a real, working movie studio. Funding requirement (Eur) TOTAL: 354 000 000 EUR which comprises: Film Park and Studio City: 274 000 000 EUR Studio Hotel: 30 000 000 EUR Further real estate acquisition of 30 – 40 ha for 50 000 000 EUR The Park is a must-see attraction comprising of a Film Park (movie themed rides and shows) and Studio City (unique streetscapes resembling London, Rome, Paris, New York and Arabic, Mediterranean and other street styles with shops and restaurants). The 26 ha site is within Budapest, easily accessible by air, road and public city transportation. The project provides 1,500-2,000 work places. The Park would attract 3.5 million visitors per year and the project has been declared feasible by an internationally respected theme park development company. Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 354 million Euro in exchange for 75% of the company share Investment return indicator ROI 11.5% Stage of development Start-up company Business Summary Provide a short description of the business The Park, being next to Europe’s Hollywood style, high-tech film studio in Hungary, enjoys a central position in Europe and is a main tourist destina tion. The Film Park should ensure entertainment and edutainment possibilities for all ages with interactive attractions including high-tech attractions, 3D and 4D cinemas, IMAX theatres, interactive exhibitions, Kids Park, Youth Park, Studio Walk, merchandising and commercial services on site (restaurants, shops, food courts etc.). Studio City, due to its unique streetscape design can accommodate shops, restaurants, street shows etc. Attractions are to be designed and operated by a specialist US theme park development company. Provided there is sufficient demand, a Studio Hotel & Apartments (220 hotel rooms and 80 medium sized apartments) can also be developed. There are potential real estate development opportunities on the neighbouring sites of 30-40 ha which will serve as a venue for a new entertainment and tourism centre for Budapest. Description of your product(s) and/or services An internationally recognized theme park development company, Total Fu ture Concepts Ltd. (“TFC”) (managed by Peter Alexander, former Director of Project Management of Walt Disney EPCOT, Vice President of Planning and Development of Universal Studios and Executive Producer of Six Flags Theme Parks) has been involved and prepared a detailed, industry standard feasibility study which declared the project feasible. The execution requires 18 months of planning and preparation (12 months of theme park and technology design plus 6 months of construction permis sion and approval processes). Construction and tests require approximately 18 months. The opening of Budapestwood Studios Movie Entertainment Park to the pub lic takes place at the end of the third year after signing the financing agree ment with the investor(s). Any other relevant information There are two alternatives for investors: (i) become the majority owners of Bpwood Ltd. or (ii) participate only as real estate investors in the Project. The Budapestwood Project’s four founders have an extensive track record in real estate development and arranging and managing project financing, two of them are owners of the neighbouring Raleigh Filmstudios Budapest, opera ting as an American Hungarian joint venture. They participated in the tech nical and business planning and execution of the neighbouring film studio. Established good working relationship with the local municipalities and led the process of formulating and seeking approval for the Regulatory Lay-out Plan for the Land to make it suitable for constructing the Theme Park. They have a widespread international investment banking background with extensive experience in project financing, private equity and investment management. contact information Bpwood Movie Entertainment Park Limited Liability Company Ms Ilona Kecskés Managing Director of Bpwood Ltd. Mobile: +36 30 625 3599 Email: ilona.kecskes@budapestwood.hu Hungary, 1056 Budapest Szerb utca 17. 1. em. 17. Phone/Fax: +36 1 214 0895 www.budapestwood.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Overdose Riding Centre Gyenesdiás Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 10 000 000 Euro in exchange for 80% of the company share Investment return indicator 12 years Stage of development Ramp up/growth phase Funding requirement (Eur) Business Summary 100 000 000 EUR (I. phase 15 000 000 EUR) Provide a short description of the business The establishment of the largest riding and horse training centres in Europe with a mansion for horses and riders, a hotel and race track on an area of 36 hectares in the village of Gyenesdiás at Lake Balaton. At the moment there are similar events organized in the area, therefore there is a sound demand for such an activity. Description of your product(s) and/or services The newly established project facility features parking areas, hotels, veterinary facilities, a fairground and race-tracks. Any other relevant information The project idea is supported by the local government and there are state subsidies available for certain project elements Investment Summary Industry Tourism Executive summary The project envisions the establishment of a hotel and race-track in a region with enormous tourist potentials. Horse-riding and breeding has a 200 year-old tradition in the area, therefore both traditions and cur rent demand will ensure that the implemented project will attract a large number of visitors from Hungary and abroad. contact information Overdose Riding Centre Gyenesdiás Mr Zoltán Dancs Mobile: +36 30 912 6964 Email: dancsmester@t-online.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Hungarian Garden of Eden Investment Summary Expected collaboration with investor Industry Investment return indicator Tourism Executive summary We are planning the establishment of a tourist attraction of international significance on an ideal area, near Lake Balaton. The planned amusement park is consists of two parts, one a Zoo park, and the other a historic park representing the past and traditions of the Carpathian basin. Funding requirement (Eur) Approx. 100 000 000 EUR (with further investment options) According to our concept, the presentation of equestrian fighting, archery on horseback, falconry, the palace of Attila, contemporary craftsmanship, and the life outside of the Roman empire. We are looking for investors for the development of an area of 170 000 m² just beside the planned amusement park. Proposed utilisation: hotels, resi dential park for pensioners. Joint Venture partner, Capital increase 10-15 years Stage of development Project idea Business Summary Provide a short description of the business The area of 1 910 000 m² selected carefully and bought by the entrepreneur is ideal for the planned investments. In the vicinity of Lake Balaton there are several thermal baths, such as the internationally famous Hévíz at 50 km, as well as Zalakaros within 15 km, and the Airport of Sármellék just 30 km. The M7 railway is nearby connecting Hungary with the Adria sea, as well as the motorway connecting all neighbouring countries (Poland, the Czech Republic, Slovakia, Ukraine) with each other and with the sea. Investment objective Financial investor In the case that the conceived Historic Park, nearby Rome, will be realised then the two parks may complement each other perfectly. Description of your product(s) and/or services The starting point of the developments is a tourism project that by its realisa tion in several steps may form a tourist attraction of international significance near Lake Balaton. The development, which combines entertaining with edu cational features is in line with the latest tourist trends. The amusement park consists of two parts: 1. A Zoo park, which shows the exotic animals of Africa and the living world (flora and fauna) of the Carpathian basin in a natural environment (under the name of Safari park). 2. An exhibition of geographic, architectural, historic and cultural values of the Carpathian basin and those given by the Hungarians to the world (under the name of Hungaricum Park). Any other relevant information The area is suitable for rural type houses, with a maximum of 20% built in area, with a maximum height of 10 m. Another 20-30 000 m² area is offered for such purposes as recreation, well ness, and fitness. On the property the owner is planning to use a further area of several thou sand m² for the purpose of religious (including Islam) and cultural exhibitions to strengthen the tourist attractions. Those organisations which intend to use it for this purpose can get parcels free of charge. The different developments can create favourable synergetic effects. (Gypsy and other types of music). contact information CVF Holding Ltd. Mr Miklós Kerékgyártó Email: miklos.kerekgyarto@gmail.com www.balatonizoldhid.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Eden Thermal Spa Hotel***** & Villapark***** contact information Investment Summary Industry Hévíz-Nemesbük Termál Kft. Tourism Mr Ferenc Molnár Email: paramol@t-online.hu Executive summary Due to its geological position Hungary is a “power of thermal water”. Based on the Hévíz thermal water, the partnership of the Semmelweis Medical University and the location of unique endowments, the professional con cept includes a medical and wellness hotel, apartments, conference and research centre as well as the establishment of a villa park. Funding requirement (Eur) Financing the project requires an amount of 85 000 000 EUR • The thermal water and the medical facilities based on this are acknow ledged world-wide. • The balneotherapy, based on the partnership of the Semmelweis Medi cal University with its outstanding international reputation, ensures a guaranteed quality, reputation and credibility. • We have lawsuit and demand free, unencumbered properties as well as plans and permissions necessary for a prompt start of the project. Investment objective Strategic investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 15 000 000 Euro in exchange for 85% of the company share Acquisition of company Investment return indicator Return of the investment is dependent one bank loans and requested funding 9 –11 years Stage of development Start-up company Business Summary Provide a short description of the business The business plan of the project is based on the following key facts below: • Medicine and wellness is one of the world’s most dynamically growing branches of tourism. • We have set the aim to attract clients who recognise the value of the world-wide known Hévíz thermal water-based medical therapies. • The recognition of the Hévíz-region is best illustrated by the average an nual utilization of 75-80% ensuring a favourable turnover and return. • Unique balneological and medical background of the project is granted by the Semmelweis Medical University with their international reputation. Mr Zsolt Becsey Mobile: +36 30 229 4333 Email: zsolt.becsey@gmail.com there is currently no website Our project is acknowledged and supported by the dominant representa tives of the Region, the Department of Health, Water and Tourism. Description of your product(s) and/or services Organizing the preparation of the project has been the task of the projectowner Hévíz-Nemesbük Thermal Ltd. implemented in our own power. Wells, supplying the facilities have been implemented. We have thermal water equiva lent with that of the Hévíz-Lake. The project is located on a 19 ha area. Total developed area is intended to be ~60 000 m2 including: • 357 rooms (out of this 111 apartments) • a conference hall for 800 persons • water surface of ~1900 m2 with 25 medical and wellness pools • balneotherapy and other requested medical facilities • medical research basis • sports facilities and a • villa park consisting of ~30 units The Eden Thermal Spa Hotel***** may play a prominent role in the medical tourism within Central-East Europe. Any other relevant information The competitiveness of the project is supported by the following points: • Medical care and balneology play an outstanding role in Hungary’s eco nomic development targets. The expected non-refundable supports and tax benefits may reach 17-20 million EUR. • The international Hévíz-Balaton Airport is located close to the project site enabling easy access from more distant countries. Tourism Arab – Hungarian Economic Forum – 2012 Budapest Pap-sziget project contact information Investment Summary Industry Dr Balázs Török Deputy Mayor – Mayor’s Office Mobile: +36 20 549 5549 Phone: +36 26 503 347 Email: torok.balazs@ph.szentendre.hu Tourism Executive summary Funding requirement (Eur) 50 000 000 EUR An attractive thermal tourist project near the capital Budapest, situated on a beautiful 10-hectare island, Pap-sziget, Szentendre. This beautiful little town is the pearl of The Danube Bend. The development is based on 50 °C excellent spa quality thermal water, full of valuable minerals and com ing from nearly 2000 m depth. The project, which is fully supported by the local government, includes the following facilities: luxury category thermal spa hotel, conference centre, marina, wellness centre, thermal pools and high quality mature park. Szentendre, 20 km north of Budapest by Road 11, is a popular destination. The River Danube nearby, intimate streets of the town centre, art galleries, restaurants and a wide choice of shops offer a unique experience to visi tors. Investment objective Financial investor Investment return indicator Estimated payback period is about 6– 8 years Stage of development Project idea Mr János Mészáros info@pap-sziget.hu Business Summary Provide a short description of the business The aim of the project is to establish a spa bath and thermal hotel built on the excellent quality, temperature and output of the thermal water in the strata below the island, to satisfy the needs of locals and tourists alike. The local government primarily supports the establishment of a thermal hotel, bath and conference centre, so saving the public park character of the island. The local government is flexible in managing the range of functions and will support the investor in carrying out their ideas and concepts. Two forms of cooperation may be considered: a long-term rental of the local government owned area ( 49-99 years) or a joint enterprise- the local government enters with the land and the development Description of your product(s) and/or services The aim of the project is to complete the existing and widely-known tourist offer with complex tourist services, built on the thermal water of the 12 acre island. The project includes development of accommodation, water attrac tions and fun pools. The high mineral content of the precious thermal water from 1860- metre depth, its temperature (50 °C) and output is the key to the success of the investment. The feasibility study is available; on that basis elaboration of a detailed development plan, licensing plan and construction plan are required. Preparation of the project – plans, studies, negotiations – will take about 1.5 years, construction approximately 2 years – by simulta neous building of the hotel and adventure pools. The project can be comp leted within 3.5 years of setting out. Any other relevant information The 12 hectare island, Papsziget, in the Szentendre branch of the River Danube is just about “paradise on earth” with its huge trees and untouched environment. In order to avoid flooding it is necessary to construct an embank ment around the territory. This can be carried out utilizing the earth gained from the construction of a port on the north-west of the island. Tourism Arab – Hungarian Economic Forum – 2012 Budapest A Complex Health Tourism Development Project on the Premises of the Komárom (Hungary) Thermal Spa Centre Investment Summary Industry Tourism Executive summary Funding requirement (Eur) 30 000 000 EUR The Komárom Thermal Spa Centre embracing a total area of 5.2 hectares (but expandable up to 12 hectares) has certified grade curative mineral wa ter. The Centre thus has considerable potentials but neither the existing spa facilities nor the infrastructural background or the availability of services are sufficient to exploit the opportunities offered by health tourism. At present there are three roofed and five open-air pools to serve visitors’ demand for bathing in curative waters, for swimming, and for bathing. A feasibility study has been completed on a complex development in health tourism. The study analyses the aspects of financing by evaluating several comprehensive alternatives of financing and subsidizing, to define the busi ness prospects and the profitability of individual project elements. Investment objective Financial and Strategic investor Expected collaboration with investor Joint Venture partner, Capital increase Acquisition of company Investment return indicator Return on investment: 8-13 years, based on a discount rate of 5%, as well as both on availability (share of subsidies: 30% or 50%) and on non-availa bility of subsidized funds. Stage of development Project idea Ramp up/growth phase Restructuring needed Business Summary Provide a short description of the business The central aspect of this investment is the realization of the spa’s develop ment/expansion project. The elements of the Project (Reconstruction of existing spa facilities, Therapy Centre, Hotel) may only be viable if the spa’s full-scale renewal at the same time is fulfilled. The spa’s thermal water, together with the related methods of beneficial health treatment and the apparent achievements represent a unique trea sure; they are well suited to lend on the long-term a sound basis for creat ing and operating internationally competitive health tourism facilities. Description of your product(s) and/or services contact information Komárom Municipality Komárom Thermal Spa Centre Presently the spa complex gets its water from a well which produces 1200 cu.m water daily, at a temperature of 58°C. The mineral water is certi fied to have calcium-magnesium-hydrogen carbonates, chlorides, sulphates and is rich in mineral materials and it is suitable for treating various kinds of illnesses. There is another well supplying hot mineral water which has an entirely different composition – 39°C at a rate of 400 litres per minute. Mr Nándor Tóth Executive adviser Mobile: +36 20 527 0689 Email: nandor.toth@komarom.hu Any other relevant information Hungary, 2900 Komárom Szabadság tér 1. There is another project in preparation in the city, and as a result a third ther mal well will be established. As planned, the water of this system also will be laid into the spa and this makes it possible to further enrich the range of services. www.komthermal.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Family Spa & Hotel Scrabantia**** Investment Summary Industry Tourism Executive summary A four-star hotel in Sopron with 142 rooms, apartments (all in all 400 beds) and connecting developments. Funding requirement (Eur) 30 000 000 EUR (value of start-up company: 6 500 000 EUR) Spa (400 person 900 m2 water surface), wellness (450 m2), conference room (150 pers.), multifunctional room (2000 m2, 500 pers.) garage (262 cars), courtyards with garden (3700 m2), roof garden (600 m2), total building space: 31,400 m2. Potential start: 2013 1stQ, opening: 2015 1stQ Investment objective Financial and Strategic investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 6 500 000 Euro in exchange for 100% of the company share Investment return indicator 9-12 years Stage of development Project idea Business Summary Provide a short description of the business • participation in finance, construction, management, operation, FM, or • sale of the complete project (Project company) Investment potential in tourism, entertainment and culture in Sopron and region, unique situation in the historical city, on the border of Austria, 12 km from Lake Fertő, 40 km from Vienna, 90 km from Bratislava, 120 km from the thermal lake at Hévíz Description of your product(s) and/or services Construction, (management, operation, FM) Energy supply Any other relevant information Final building permit contact information MH SCARBANTIA HOTEL KFT Dr János Piskolti Mobile: +36 20 921 0997 Email: dotenergo1@dotenergo.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Gerohostel Health Tourism Park, Vilmos Park, Csorna Investment Summary Business Summary Industry Provide a short description of the business Tourism The planned Vilmos Park Health and Tourist Centre of Csorna is a poten tially successful and innovative idea, it brings employment and tax revenue to the area, and has the full support of the town, as a result of which, it is an entirely economically viable proposition. We believe that it will give a competitive edge to the local government, the investors and the opera tors. Executive summary Funding requirement (Eur) 27 000 000 EUR (+15 000 000 EUR for the sports centre) Creating a health tourism centre that is based on the healing waters of Csorna. It will include complex services and be the main attraction of the area; in addition, it will be among the top ten facilities of the country. Planned facilities: • wellness and health tourism centre • swimming pools • hotel • specialised accommodation for retired guests (gerohostel) • sports fields, sports centre Description of your product(s) and/or services Strategic investor The project area is about 18 hectares, near the centre of the town. The Local Government has approved the relevant permissions: • building permit for the landscaping • licensed plans for traffic roads and parking spaces (expiry of the validity period of the building permit) • building permit for rainwater disposal and scenic lakes • building permit for sinking the thermal water well Expected collaboration with investor Any other relevant information Depending on the negotiation In 2012, a sport fields was built next to the area. The thermal water is rich in minerals and is unique due to the high salinity. The thermal waters of Csorna and their healing properties are considered to be ideal for rheumatic conditions, joint problems and gynaecological com plaints. Investment objective Investment return indicator Depending on the project Stage of development Project idea contact information Csorna Town Local Government Dr György Turi Mayor Head of the Local Government of Csorna Phone: +36 96 590 100 Fax: 36 96 261 680 Email: polgarmester@csorna.hu www.csorna.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Veszprém Airport Investment Summary Industry Tourism Executive summary Veszprém Airport is a former military base that is a brownfield area of 440 ha. The airport is located 5 km from the town of Veszprém, a city of 60 000 habitants and operated by a private company. The airport is located next to an industrial zone, which is additional 100 ha, partly owned by the munici pality. Funding requirement (Eur) 24 000 000 EUR Within this investment, 678 941 m² land is available for sale with the follow ing characteristics: • Zoning: GKSZ 18-19, Economic-Commercial Service Zone: • Built in ratio: 45% • Minimum green area: 30% • Maximum building height: 16 m Our site is classified for industrial utilization; there are no nature conservation restrictions and no obligation for archaeological excavations on the land. Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Stage of development Ramp up/growth phase Provide a short description of the business contact information The complex development plan is required as well as the feasibility study for the facility development plan. The Municipality of Veszprém Town of County Rank Business Summary The Municipality of Veszprém Town of County Rank provides coordination and services for fulfilling the administrational obligations regarding the siteacquisition, planning and permitting procedures, and all other legal obliga tions on the part of the investor. In relation to the building process we can assure you that all the public utilities can be completed within 1 year (with planning and permits), and all infrastructure can be available on the spot to suit your requirements. The gas and electricity supplier can include the investment costs of the utility in the operating costs, so that the prior invest ment would be paid back to you. Mr Tamás Józsa Mobile: +36 30 239 8861 Email: tjozsa@gov.veszprem.hu www.veszprem.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Hotel Karos Spa Investment Summary Business Summary Industry Provide a short description of the business Tourism Annual average capacity utilization: 65%, average revenue per room: 24 000 HUF, ca. 85 EUR. It has started to recover from the economic crisis. In the next 5 years, a 2-3% increase can be expected in the capacity utilization factor, and 3-5 EUR growth in the average rate per room. It will make 6-9% higher turnover per year. In the last few years the rationaliza tion of the cost management took place, so the GOP grew from 23.7% to 31% in 5 years. Executive summary Opened: 2004 Site area: 35 600 m2 Ground area of the hotel: 3 500 m2 Funding requirement (Eur) 22 000 000 EUR Facilities: 221 bedrooms, 300 seat restaurant, 60 seat bar, conference hall for 300 persons and 3 sectioned rooms, therapy and wellness department on 4 000 m2, pool area with 850 m2 water surface: 1 thermal pool, 4 addi tional indoor and 2 outdoor pools, hotel owned thermal spring: 50°C from 900 m depth, parking space and garage for 280 cars. The hotel situated in the 3rd largest spa town of Hungary, in Zalakaros- 35 km from the world famous Heviz and from the biggest lake in Europe, Lake Balaton. Fly Bala ton airport is 20 km far away, Budapest is to be reached within 1.5 hours on a direct motorway link. Clients: in the high season 80% domestic, 20% foreign, in the off-peak season 60% domestic, 40% foreign customers. Investment objective Financial and Strategic investor Expected collaboration with investor Acquisition of company Investment return indicator 15 years Stage of development Ramp up/growth phase Raising the number of the clients is possible with greater activity in the foreign markets to get potential customers and by holding the strong do mestic family segment. The excellent conference capacity of the hotel also has further significant potential. Description of your product(s) and/or services The hotel situated in the popular spa town, which is famous for its unique thermal water and is developing dynamically. In the town and in the area the hotel is the largest four-star superior house. In Hungary, the hotel is well known, having developed its well recognizable brand. The hotel is famous for its family friendly facilities of the highest standards, which makes domestic young families the primary target group during the high season of the school holidays. In addition, it has succeeded in sig nificantly increasing the number of foreign customers lately- thanks to the wide range of therapy facilities and to the increasingly more popular family centred character of foreign guests. The majority of foreign clients come from the following countries: Germany, Austria, Czech Republic, Poland. contact information Karoinvest Zrt. Mr István Huszti Mobile: +36 20 934 9058 Email: tanacsadod@t-online.hu Mr Botond Üsztöke General Manager Mobile: +36 30 822 1717 Email: botond.usztoke@karos-spa.hu www.karos-spa.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Theil Medical Tourism and Nursing Institution contact information Business Summary Provide a short description of the business The project, beyond the nursing department, owns an equipped operat ing room with plastic surgery and dentistry capabilities, and rehabilitation centres including a medical department. Its target group due to the airport located 15 kilometres away and the proximity of the Austrian border pro vides a broad base of Western European customers who need medical treatment and medical rehabilitation, and can be treated within discrete circumstances. Funding requirement (Eur) The property has licensed the right for a cold water facility, which is, based on the water quality geodetic studies potentially the same quality as the popular Coca-Cola mineral water, Naturaquva. This would provide the supply for the water bottling plant. 21 500 000 EUR Description of your product(s) and/or services Investment Summary Services: health and medical tourism, specialist medical care, 24 hour nursing care, dentistry, plastic surgery, spa, thermal bath, physiotherapy, balneotherapy, hydrotherapy, rehabilitation, Industry Tourism Industrial sectors: mineral water bottling plant. Executive summary The project includes the establishment of four medical tourism, recreation centres and nursing institutions, with the establishment of a thermal spa and a mineral water bottling plant located in three regions (Budapest, lake Balaton, the largest lake in Central Europe and the Europe famous spa next to Zalakaros). A key aim of the investment is the maximum achievable expansion of the buildings where it is feasible and in a way, which results in minimizing operating costs. Thus, the primary technical aspect is that the solar and geo-art technology assists the institutions to be trouble-free, envi ronmentally friendly and inexpensive to operate. The maximum number of patients at any one time is 586 people; the new staff who will be employed is estimated at 201 people. Investment objective Financial investor Expected collaboration with investor 51% shares of the capital and interest in respect redemption, 8 years Any other relevant information Location Area m2 Building m2 Medical centre of Siófok I. 9202 4200 2 500 000 2 800 000 Medical centre of Siófok II. 4000 1900 2 300 000 2 800 000 Medical centre, spa and mineral water bottling plant of Garabonc 16542 - 1 800 000 7 900 000 Medical centre of Délegyháza 7080 1300 1 100 000 300 000 37080 8550 7 700 000 13 900 000 Total: Investment return indicator Total: 2013 2014 2015 2016 2017 2018 2019 2020 19% 16% 10% 11% 12% 15% 17% 19% Capital payback period: 3.9 years Property Renovation, purchase price construction + commission cost 21 500 000 € THEIL Zrt. (Will be formed in case of investor demand) Mr Gábor Párkányi Mobile: +36 20 371 8885 Email: parka@upcmail.hu Ms Réka Lévai Mobile: +36 70 612 7239 Email: rekaskm@hotmail.com Tourism Arab – Hungarian Economic Forum – 2012 Budapest Zalaszentmárton Thermal and Medical Resort Investment Summary Industry Tourism contact information Zalaszentmárton Thermal and Medical Resort Executive summary The project envisions the establishment of a Thermal and Medical resort in a small village in an idyllic and peaceful surrounding. The project area has a thermal spring and there is a concession to exploit it. Alongside the resort, there will additional facilities, such as restaurants and bars. The resort will also feature youth entertainment facilities. Funding requirement (Eur) 21 000 000 EUR Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 500 000 Euro in exchange for 70% of the company share Investment return indicator 9 years Stage of development Ramp up/growth phase Business Summary Provide a short description of the business The establishment of a 150 room hotel, a hospital and asylum for the treat ment of motoric illnesses in an idyllic small village in a medical region with several spas Hévíz – Bük – Sárvár – Zalakaros – Kehidakustány. This facility will have a special focus on the young. Furthermore there is cooperation with one of the most famous Hungarian medical facilities to provide exper tise and equipment for the treatment of different illnesses. Description of your product(s) and/or services Establishment of a 100 room hotel, with services for the medical treatment of motoric illnesses. Any other relevant information The local government supports the project idea, both the area and the project is owned by a private individual. Furthermore, there are state subsidies avail able for certain project elements. Mr Zoltán Dancs Mobile: +36 30 912 6964 Email: dancsmester@t-online.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Wellness and Conference Hotel Mórahalom Investment Summary Business Summary Industry Provide a short description of the business Tourism The Local Government of Mórahalom is a fully independent business authority. Its functions are preparation and implementation of the opera tional works of the local government and also the policy decisions of state. It is responsible for preparing and implementing the decisions of the repre sentative body and its committees in the fields of economics, education, culture, health and social policy, sport, regional policy and community care. According to the articles of association its basic activity is administrative activities of the municipality and also the spa and strand services. Executive summary Mórahalom is located only 20 km from Szeged (regional centre) and only 12 km from the western-exit of the M5 motorway, along main road nr. 55. Thermal water is the most significant tourist attraction among the treasures of the region, in this way health tourism is the most important part of its tour ism and which also has the greatest development potential. Funding requirement (Eur) Total costs of the Wellness and Conference Hotel is between 12 000 000 – 18 000 000 EUR Development of the thermal water heating circulation is completed. All of the ongoing investments can be joined to it. Description of your product(s) and/or services Exhibition model farm houses have been built: residential, farmer, and public houses. Any other relevant information We are looking for investors to build a four-star wellness and conference hotel with 100-200 rooms in the above mentioned investment area. Investment objective Financial investor Expected collaboration with investor Amount 11 000 000 Euro in exchange for 90% of the company share Stage of development Project idea Not relevant The Local Government of Mórahalom is managing in priority the investments in the field of tourism. The four-star Saint Elizabeth Spa is in the property of the local government and it has an outstanding position in the tourism of the region. contact information Local Government of Mórahalom Mr Zoltán Nógrádi Mayor Phone: +36 62 281 022 Email: nogradi@morahalom.hu Ms Beáta Árokszállási Phone: +36 62 660 710 Mobile: +36 70 374 7224 Email: beata@morahalom.hu Hungary, 6782 Mórahalom, Millenniumi sétány 2. www.morahalom.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Nagyatád “Mándl” Castle Hotel & Training Centre Investment Summary Industry Tourism Executive summary Funding requirement (Eur) 12 000 000 EUR Within the framework of the project, a four-star hotel complex will be built which has an own wellness department. It will include a room large enough for conference tourism and rooms suited for the organization of smaller training groups. The project owner company has the valid construction per mit that enables the company (i) to renovate the old castle, (ii) to build two atrium houses (2x35 rooms), (iii) to build a spa with wellness section and (iv) to build a restaurant with a bar. Investment objective Financial investor Expected collaboration with investor Acquisition of company Investment return indicator 10 years Stage of development Start-up company Business Summary Provide a short description of the business The Nagyatád “Mándl” Castle Hotel & Training Centre project provides the possibility to establish a hotel complex with different functions (that also work separately and irrespective of each other) with low investment costs. The project has the support of the local municipality. The castle is situated close to the city, but in an amazing environment, with excellent facilities which usually cannot be reached from one location (golf course in the neighbourhood, excellent hunting, fishing and tourist possibilities; a number of near-natural activities). Description of your product(s) and/or services The overall building work, which consists of the new and also the restructur ing work, will result in the development of about 7600 m2 of useful space (castle: 1600 m2, spa and wellness section: 760 m2, atrium houses: 2924 m2, other buildings (meditation house, music pavilion, outdoor pool, parking spaces etc.: 2310 m2)). After finishing the project, the Castle Hotel & Training Centre will provide the following services: Castle Tourism: for those with keen interests in cultural heritage and in ancient cultures; Training Tourism: business events, two or more day training options; Game Tourism: for hunters visiting this wild life rich micro-region; Week-end Tourism: wellness and leisure services; Event Tourism: weddings, balls, exclusive business events. Any other relevant information An approximately 7.5 ha plot next to the castle area is owned by the local municipality, who is willing to sell it, so the project can be further developed to a hotel with 300-350 rooms, if needed. contact information Hacienda Ingatlanfejlesztő, Ingatlanforgalmazó és Ingatlanközvetítő Kft. Dr Attila Molnár Phone: +36 1 430 3870 Email: amolnar@budapesti5000.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Soho Boutique Hotel for sale Investment Summary Business Summary Industry Provide a short description of the business Tourism The hotel has over 73% yearly occupancy. Sales & Marketing: The hotel accommodates, mostly FIT clients, 75% of the total room nights are booked through online channels, 10% are by tra ditional travel agencies, 5% are taken by corporate guests, 10% are direct bookings. On the online guest evaluation sites, the hotel has a rating of 4.2-4.5 on a 5 points scale. Executive summary Funding requirement (Eur) 12 000 000 EUR The Soho Boutique Hotel**** is located in the heart of the city in the middle of colourful and teeming Budapest. The hotel meets every need of style and elegance in the vicinity of the city’s pulsing cultural scene, entertainment and nightlife. The famous historical sights, the river Danube, Váci street, the Synagogue, the Budapest Broadway, the best restaurants, theatres and concerts are all located nearby, all easily accessed thanks to the excellent traffic network and public transport in the area. Investment objective Strategic investor Expected collaboration with investor Amount 12 000 000 Euro in exchange for 100% of the company share Acquisition of company Investment return indicator 15 years Stage of development Ramp up/growth phase Description of your product(s) and/or services Property: Soho Boutique Hotel, Classification: 4 stars, Total room num ber: 74, Grand Opening: 2008, fourth quarter Operations: The hotel has 10 employees, the Food & Beverage and House keeping departments are outsourced. Accommodation: The hotel has 68 standard rooms, which are equipped with (shower, air conditioning, free of charge internet, non-allergy set up) various extras to provide the greatest comfort. There are six Soho Junior Suites that welcome guests with bath tubs or showers, spacious rooms and extra equipment, and can accommodate even 3 or 4 people. Conference facilities: The total capacity is between 50-70 people. It is equipped with natural lighting (partly), air-conditioning and the required audio-visual technology to offer a perfect venue for conferences and busi ness meetings. The hotel provides a unique ambience for coffee breaks, business lunches, cocktail parties and standing receptions. Meeting room: It is suitable for holding smaller meetings, get-togethers, or events. Restaurant: Soho 64 Restaurant is located on the grand floor and it serves breakfast from 7-10 AM. Bar: Soho Lounge located in the lobby with a wide range of drink special ties. Hotel Services: 24-hour reception, Air conditioning, Non-smoking area, Underground parking, Room service, Room Amenities: Minibar, individually adjustable air-conditioning, safe, satellite TV channels, soundproof windows, hairdryer contact information Soho Hotel Kft. Mr Csongor Veress Mobile: +36 30 507 1971 Email: csongorv@freemail.hu Hungary, 1074 Budapest, Dohány utca 66. 3/15. www.sohoboutiquehotel.com Tourism Arab – Hungarian Economic Forum – 2012 Budapest Luxury apartment houses in the Thermal village of Mórahalom Investment Summary Business Summary Industry Provide a short description of the business Tourism The Local Government of Mórahalom is a fully independent business authority. Its functions are preparation and implementation of the opera tional works of the local government and also the policy decisions of state. It is responsible for preparing and implementing the decisions of the repre sentative body and its committees in the fields of economics, education, culture, health and social policy, sport, regional policy and community care. According to the articles of association its basic activity is administrative activities of the municipality and also the spa and strand services. Executive summary Funding requirement (Eur) Total costs of the apartment houses are 11 600 000 EUR Mórahalom is located only 20 km from Szeged (regional centre) and only 12 km from the western-exit of the M5 motorway, along main road nr. 55. Thermal water is the most significant tourist attraction among the treasures of the region, in this way health tourism is the most important part of its tour ism and which also has the greatest development potential. Development of the thermal water heating circulation is completed. All of the ongoing investments can be joined to it. Description of your product(s) and/or services Exhibition model farm houses have been built: residential, farmer, and public houses. Any other relevant information We are looking for investors to build luxury apartment houses with 80 par cels of land and buildings in the above mentioned investment area. Investment objective Financial investor Expected collaboration with investor Amount 10 500 000 Euro in exchange for 90% of the company share Stage of development Project idea Not relevant The Local Government of Mórahalom is managing in priority the investments in the field of tourism. The four-star Saint Elizabeth Spa is the property of the local government and it has an outstanding position in the tourism of the region. contact information Local Government of Mórahalom Mr Zoltán Nógrádi Mayor Phone: +36 62 281 022 Email: nogradi@morahalom.hu Ms Beáta Árokszállási Phone: +36 62 660 710 Mobile: +36 70 374 7224 Email: beata@morahalom.hu Hungary, 6782 Mórahalom, Millenniumi sétány 2. www.morahalom.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Hotel Arboretum Leisure Centre Debrecen Investment Summary Business Summary Industry Provide a short description of the business Tourism The hotel offers 206 rooms, includes 60 apartments in 6 separated build ings, and for luxurious needs, a presidential suite. Considering the planned four-star category of the hotel, an exclusive wellness unit will be created within the building. The wellness services offered by the aqua park basically serve the entertaining of the guests of the hotel. The medicinal water-bath with internal and external and with swimming, pleasure and spa pools, will be the part of the wellness unit. In the internal pools, besides the Jacuzzi, massaging and twinning corridor, a swimming pool and pleasure pool can be found. In the exterior part an orb-waterfall and zodiac-bench makes the adventure in the water all the more varied. A part of the spa services – such as dermatological and physiotherapeutic – is based on the qualified medicinal water named ARBO AQUA that was found in the area. Executive summary Comprises a four-star superior hotel and leisure centre in 28 hectares near to Debrecen on Hungary’s Northern Great Plain Funding requirement (Eur) 10 000 000 – 42 000 000 EUR Arbo Invest Co. Ltd. has created the realization of an outstanding and unique tourism destination with an international airport and motorway access near Debrecen. Debrecen, the second biggest city of Hungary is situated in the Eastern part of the country, in the region of the Northern Great Plain. The location of the planned Hotel Arboretum and Leisure Park development is situated 7 kilo metres from the city centre, to the East, in one of the most famous excursion centres of the inhabitants of Debrecen. It is next to the lakes of Fancsika, in a 28 hectare green neighbourhood and arboretum. The territory is acces sible on a forest asphalted road called “Panorama Road”. Investment objective Financial and Strategic investor Expected collaboration with investor Joint Venture partner, Capital increase Amount of 10 000 000 Euro in exchange for 51% of the company share Acquisition of company Investment return indicator 19 years Stage of development Project idea Description of your product(s) and/or services Inside the complex a programme and conference room suitable for receiv ing 700 people is provided with a modern technical background, and is located hotel. Owing to the stepped disposition of the room it can be the scene of principally sport and social events, acoustic concerts, congresses, conferences and large company programmes. Besides the banqueting hall, 13 further smaller sections will be established, some of which can be joined together. The architectural establishment of the programme centre makes it possible that they could be totally severable from the hotel section. In the building of the hotel, a live and electronic casino will also be created on nearly 1000square meters providing entertainment possibilities for 150 guests at the same time. 203 Hotel Rooms; 60 Apartments; 700 Seats Conference Hall; Aqua Park; Medical Spa; Medical Thermal water “Arbo Aqua”; Sport Complex; 7 ha Golf Course; Live Casino. Any other relevant information In the building of the aqua park but in the area of the bath two larger a la carte restaurants can be found. Hajdú Restaurant, which is 190 square metres and capable of receiving 136 people, is extended with a terrace in summer and will be characterized by the flavour of traditional, local Hungarian cuisine. Whilst in the cellar, the 400 square metre Corvin restaurant capable of receiv ing 150 people at the same time will be characterized by the foods of the Mátyás-period. Geothermal energy utilization, using “Green Energy”; Connection with own Rural Horse Ranch in 18 hectares contact information Arbo Invest Co. Ltd. Mr Levente Nagy Project Manager Phone: +36 52 531 848 Fax: +36 52 531 849 Email: nagy.levente@hotelarboretum.com Hungary, 4030 Debrecen, Vikár Béla utca 4-6. www.hotelarboretum.com www.arboinvest.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest BARCIKA PLAZA contact information Barcika Komplex Kft. Mr Zoltán Pethő Mobile: +36 30 648 6146 Email: info@barcikaplaza.hu www.barcikaplaza.hu Funding requirement (Eur) 8 051 000 EUR Investment Summary Business Summary Industry Provide a short description of the business Tourism Barcika Plaza is to be developed in the city centre with a wide range of services that are currently not available in the town. Executive summary The Barcika Plaza is to be developed in Kazincbarcika (Hungary). The project has had a legally binding building permit since spring of 2010 (under reg. number of 291-3/2010/Éphat) and some elements of construction have al ready been started. The project is appropriate, based on comparative plaza sourced data, with the project evaluation performed by a professional valuation of the property dealing company, Colliers International. Based on Colliers International’s evaluation, the Gross Development Value of the project at opening of the plaza equals to EUR 11 415 387. The 11 400 m2 Barcika Plaza comprises almost 7 400 m2 services and sales area. For the comfort of customers and tenants, a more than 400 car new parking lot will be formed around the building. In order to continuously maintain the profitability of the Plaza at an appro priate price level, we contracted with the Jones Lang LaSalle company, who is Central and Eastern Europe’s leading retail consulting and introduc ing company. Description of your product(s) and/or services 10 years Barcika Plaza is to be an entertainment and shopping centre with the follow ing planned services: • four room cinema, with digital sound and 3D projection • bowling alley with four tracks • casino, amusement arcade • food & drink venue, fast food restaurants, coffee shops • pharmacy, post office, bank, exchange, travel agency, tote and lottery store • playroom for children • repair store, service station, dry cleaning • stage for programmes and events • offices with conference rooms, separated entrance • nearly 60 retail stores • outdoor parking lot Stage of development Any other relevant information Start-up company In respect of project planning and preparation, we currently have 43.4% pre-sales in respect of the leased area through our own company, which accounts for 37.9% of rental fees. Detailed financial calculations of the project (financing, return, business plan, balance sheet plan) are available and summary business figures of the project are attached to this introductory documentation. Investment objective Financial investor Expected collaboration with investor Loan Investment return indicator Tourism Arab – Hungarian Economic Forum – 2012 Budapest Keszthely Beer House Investment Summary Industry Tourism Funding requirement (Eur) 8 000 000 EUR contact information Vencel Udvar ltd. Executive summary Mr Tamás Koronczay The project encompasses the restoration of a former brewery into a new, modern trading and housing facility in the town of Keszthely, an area famous for tourism. As the town has excellent infrastructure conditions (vicinity of a motorway and airport) both Hungarian and foreign tourists will likely visit the newly established facility. Mr Zoltán Dancs Mobile: +36 30 912 6964 Email: dancsmester@t-online.hu Investment objective Financial and Strategic investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 8 000 000 Euro in exchange for 80% of the company share Investment return indicator 10 years Stage of development Ramp up/growth phase Business Summary Provide a short description of the business The project a site is in the town of Keszhely, which is the main tourist centre around Lake Balaton. The project envisions the establishment of a shopping centre with 15 shops (beer house accommodation facility, shop ping courtyard, artists’ gallery) in a bazaar-style on an area of 0.4 hectares. The basis of the development is the 200 year old beer house with 1000 m2 of cellar below it, which will be restored as a first step. Description of your product(s) and/or services A demonstration brewery offering 20 different kinds of beer, a beer museum presenting the history of beer brewing in the area, restaurant with a capacity of 500 people, 15 shops for commercial use, artists’ gallery. Any other relevant information The project idea is supported by the local government with additional state subsidies available for certain project elements. Tourism Arab – Hungarian Economic Forum – 2012 Budapest Sármellék Airport Investment Summary Business Summary Industry Provide a short description of the business Tourism Sármellék airport, a former military airport, now operating as an interna tional airport with cargo and passenger capacities. Its main focus is Ger many with several flight connections. The adjacent 5.5 hectare area is ideal for the establishment of an industrial park, harbouring buildings which can be used for airplane maintenance, storage purposes or food processing. It is especially the latter which would meet existing demands and needs. Executive summary The project focuses on the establishment of five storage facilities next to the Sármellék airport. They could immediately be rented for airplane main tenance, foodstuff storage or general storage purposes. The airport has recently been restored, therefore there is a great demand for available facili ties. Funding requirement (Eur) 7 000 000 EUR Description of your product(s) and/or services Financial investor Buildings available for airplane maintenance, foodstuffs cooling and storage, potato processing and mixed storage purposes, which can be made avail able for rental immediately. Expected collaboration with investor Any other relevant information Joint Venture partner, Capital increase Amount 1 000 000 Euro in exchange for 80% of the company share The owner operates several industrial parks and the project is supported by the local government, furthermore, there are state subsidies available for certain project elements. Investment objective Investment return indicator 7 years Stage of development Ramp up/growth phase contact information Kanizsa Terra Ltd. Mr Gábor Szányi Mobile: +36 70 613 5789 Email: gabor@nagykanizsa.hu www.ipls.hu www.dzlk.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Vital Gold Hotel and Spa**** Investment Summary Industry Tourism Funding requirement (Eur) 5 000 000 EUR Expected collaboration with investor Joint Venture partner, Capital increase Amount 5 000 000 Euro in exchange for 100% of the company share Szigetköz Üdülőpark Ltd. Investment return indicator Executive summary 11 years Szigetköz Üdülőpark Ltd. would like to build a 4-star holiday resort of a European standard with a 200-room wellness hotel & bath centre, lake system, campsite and apartments on 50 hectares of owned land. Stage of development The land is situated at Ásványráró in Hungary which is next to the M1 mo torway, 8 km far from the Lébény exit, with Vienna 95 km, Budapest 130 km and Bratislava only 40 km away. The existing detailed landscaping plan creates the basis to develop the archi tectural plans. The relevant feasibility study is also ready. According to the existing preliminary water-rights certificate, a thermal well with a depth of 1,300 metres can be planned. The owners would like to sell the whole company together with the holiday resort project. Investment objective Financial and Strategic investor contact information Start-up company Business Summary Provide a short description of the business The project’s geographical location is excellent as it can be found in the golden triangle of Budapest/Hungary–Bratislava/Slovakia– Vienna/Austria. Thanks to its ideal logistics and locality, there are three airports (ViennaSchwechat, Bratislava, Pér) in the neighbourhood, the E65 motorway and Győr, one of the most rapidly developing cities of Hungary are also very close. The need for readily accessed, high-quality wellness and business centres in the triangle of the three capitals is growing dynamically. Due to the nearby airports other ready markets such as Russia or the Scandina vian states can be reached. The land with the holiday resort has full planning permission, the architec tural plans and project can be started immediately. Mr Pál Domsich Managing Director Mobile: +36 30 298 8498 Email: baznai@kabelnet.hu Hungary, 9200 Mosonmagyaróvár Kolbai Károly utca 10. Tourism Arab – Hungarian Economic Forum – 2012 Budapest The sale of the Piarist Friary Investment objective Financial investor Expected collaboration with investor For sale Business Summary contact information The Local Authority of Tata Mr Zsolt Bakos Asset management administrator Mobile: +36 34 588 659 Email: vagyongazd@tata.hu Provide a short description of the business The property has number of unique aspects, including an own view to the Old lake and the city, with the property being in the heart of the historical city centre. The buyer will be the owner of the most beautiful building in Tata, with the potential to develop the Piarist Friary into a wellness and conference hotel or a voluntary hospital. The new owner by these capabili ties can build an individual hotel. Funding requirement (Eur) The purchase price of the Piarist Friary 3 700 000 EUR Investment Summary Industry Tourism Executive summary The Local Authority of Tata announces an open competition for the utiliza tion with function change of the former Piarist Friary, which is a protected of monument. The Applicant has to undertake a minimum of the following four criteria: 1. tourism-hospitality, 2. medicine, 3. education, 4. cultural aim, when fulfilling the project The size of the property is 10 4278 m2. The size of the building is 5 087 m2. The building has 50 rooms. The property is in the city centre, and by the building is the castle and the Old lake. Hungary, 2890 Tata, Kossuth tér 1. www.tata.hu/onkormanyzat/ uvegzseb/palyazat/8143 Tourism Arab – Hungarian Economic Forum – 2012 Budapest Freedom project Investment Summary Business Summary Industry Provide a short description of the business Tourism The hotel is a privately owned member of an international hotel chain with 32 rooms (6 single, 8 double, 13 twin, 2 triple, 3 apartments), with the capacity of 60 guests together with a fully equipped conference room. The hotel was fully renovated in 2008, also having its own restaurant, breakfast hall, sauna and fitness room. Thanks to its excellent location the annual occupancy is about 75-80%. The hotel has contracts with three companies who are arranging health tourism guests from the Scandina vian region. Executive summary This project concerns the sale of one of Budapest’s nicest three star supe rior hotels. The location of the hotel is completely central, in the historic city centre, close to the Parliament, Great Market Hall, and several historic baths and private clinics. Funding requirement (Eur) 3 600 000 EUR Budapest is a very popular destination, top ten ranked in the Global Shop per City Index from 33 European cities, and is also very popular among health tourism guests from all over Europe. Investment objective Financial investor Expected collaboration with investor Acquisition of company Investment return indicator 10 years Stage of development Exit Description of your product(s) and/or services The hotel is managed by a professional team. Project Company’s share purchase agreement. The current investment loan of the project company could be taken over by the buyer, or the seller will close it down from the purchase price. The hotel is owned by a project company. The owners are financial investors with a planned exit schedule. 32 rooms hotel (***+) invest ment. contact information Speedcarve Ltd. Ms Viktória Bartucz Mobile: +36 30 511 2550 Email: viktoria.bartucz@speedcarve.hu speedcarve.hu Tourism Arab – Hungarian Economic Forum – 2012 Budapest Renovation of Rehabilitation Center/Spa Hotel at Mórahalom contact information Investment Summary Industry Local Government of Mórahalom Tourism Executive summary Funding requirement (Eur) Total costs of the renovation of the building are 1 800 000 EUR Mr Zoltán Nógrádi Mayor Phone: +36 62 281 022 Email: nogradi@morahalom.hu The renovation and reconstruction of the Mayor’s Office building which is located between the four-star Saint Elizabeth Spa and the four-star Colos seum Hotel, to develop a 33-room spa hotel with the related management and service rooms, together with the development of health services. Investment objective Ms Beáta Árokszállási Phone: +36 62 660 710 Mobile: +36 70 374 7224 Email: beata@morahalom.hu Financial investor Expected collaboration with investor Amount 1 620 000 Euro in exchange for 90% of the company share. Hungary, 6782 Mórahalom, Millenniumi sétány 2. Investment return indicator 9 –10 year Stage of development www.morahalom.hu Project idea Business Summary Provide a short description of the business The Local Government of Mórahalom is an independent business authority. Its functions are preparation and implementation of the operational works of the local government and also the policy decisions of state. Prepara tion of decisions and implementation of the decisions of the representative body and its committees in the fields of economics, education, culture, health and social policy, sport, regional policy and community care fall within its remit. According to the articles of association its basic activity is administrative activities of the municipality and also the spa and strand services. Any other relevant information The Local Government of Mórahalom is managing in priority the investments in the field of tourism. The four-star Saint Eizabeth Spa is in the property of the local government and it has an outstanding position in the tourism of the region. Tourism Arab – Hungarian Economic Forum – 2012 Budapest Extending quality healthcare services in the BEST WESTERN Pannonia Hotel Investment Summary Industry Tourism contact information DENTAL-PANNONIA Zrt. (Joint Stock Company) Executive summary Funding requirement (Eur) 1 000 000 EUR Starting in 2011 we extended the Hotel with new rooms and will invest in new wellness facilities. Next year we plan to develop our healthcare servi ces arm. We intend to hire new doctors, broaden our services and set up a world-wide campaign to reach out for patients currently not aware of the competitive quality service. Investment objective Financial investor Expected collaboration with investor Share the benefits of the cooperation Investment return indicator ROI will be based on the actual form of cooperation Stage of development Ramp up/growth phase Business Summary Provide a short description of the business Our business is the oldest in Sopron in two ways. Our Hotel is both the oldest and most established Hotel in Sopron. Our dental clinic was foun ded as one of the first ones and we have a client base which is unparal leled in Sopron and the region. The patients come from all over the world, however currently the main group are the German speaking countries. We intend to increase the number of clients from other regions. Description of your product(s) and/or services At this time we provide Hotel services with a wellness area in the City of Sopron. In the healthcare arm we provide all aspects of dental treatments and will expand our business. Dr Pál Szilágyi PhD, LLM; Director Mobile: +36 20 366 6290 Email: szilagyipal@dentalpannonia.com www.hotelpannonia.com www.dentalpannonia.com Tourism Arab – Hungarian Economic Forum – 2012 Budapest ALMALOMB - Mill restoration for exclusive eco-hotel Investment Summary Industry Tourism Executive summary Funding requirement (Eur) 828 000 EUR We are a start-up with the dream of providing the smartest green tourism experience in Hungary, in a 19th century water mill in Hosszúhetény, near Pécs. The mill will have a small hotel and restaurant surrounded by a land-art garden with connected services, focusing on wellness, local products and culture. The target group will be foreign and domestic visitors with above average income, as well as private and corporate events. Total investment: € 1 207 000, from which own cash: € 207 000, EU subsidy: € 172 000 – not yet utilized. EU subsidy application to the value of € 600,000 is in progress. Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Amount 828 000 Euro in exchange for 49% of the company share Investment return indicator 8 years Stage of development Start-up company Business Summary Provide a short description of the business Our venture will be unique in a 50 km radius as a result of its ecological standards, a contemporary austere design interwoven with the authentic industrial mill structure, and the completeness of services. The aim is to create an exclusive standard in a casual setting providing a niche for visi tors with a need for high quality services without the circumstantiality of luxury. Our services enhance each other as well being flexible enough to meet the market needs. We aim to be the 1st rural Bib Gourmand res taurant in Hungary. Our apple cider production can be developed into a whole-sale business as a flagship of other gourmet products under our own brand. Provided that the enterprise is lucrative there are expansion possibilities on our neighbouring properties as well as by buying further plots around the mill. Description of your product(s) and/or services The core attraction is the restaurant in the restored mill, where we also have conferencing rooms for company and cultural events. The hotel has 1 honeymoon suite and 3 double rooms with a gallery. A green roof garden adjoins the new building, where 7 double rooms are planned. The lowest floor is equipped with a spa offering body treatments and saunas looking out to a small lake. We use green energy and will be family friendly with easy access. Local gourmet products will be sold, amongst which we plan to introduce homemade apple cider. We plan to organize wine-tasting events in our mill-cellar as well as at our vineyard. Through our local partners we offer additional activities connected to our region. Parking is planned on the neighbouring plot, which also provides an expansion possibility. Any other relevant information The construction of the mill begins in Q4 2012 from the EU subsidy and our own savings. Meanwhile we are seeking financing solutions for the hotel. contact information Sakia Ltd. Ms Rita Ásványi Phone: +372 53 988 080 Email: rita.asvanyi@asvanyi-plci.com Tourism Arab – Hungarian Economic Forum – 2012 Budapest Tourism investment opportunities in Makó, Csongrád, Hungary Investment Summary Industry Tourism Executive summary Funding requirement (Eur) Old Town Hall: 690 000 EUR Boarding School Galamb: 783 333,3 EUR Kállai Hostel: 273 333,3 EUR The Municipality of Makó is looking for potential investors for the reconstruc tion of five buildings, which are located near the SPA and very close to the city centre. The SPA reconstruction was finished in January 2012 and a high quality hotel is missing, the Municipality is willing to find a partner to open a new hotel. Investment objective Financial investor Expected collaboration with investor Joint Venture partner, Capital increase Investment return indicator Depend on interval of investment, co-owners agreement needed in condi tions tors makes the restoration of the original hotel functions of the building and the realization of 50 four-star rooms and apartments necessary. • Kállai Hostel: The neo-gothic building, with three floors, with a basic area of 1032 m2 can be expanded inside the plot, and so 30-40 threestar hotel rooms can be developed. In case less hotel rooms are built, shops can be created downstairs. • The old Town Hall: With a basic area of 2492 m2, the tarnished two-story monument building was built in the middle of the 19th cen tury and operated as the town hall in the past. Today it operates as an office building. The whole plot of 3695 m2 is situated next to the therapeutic section of the bath. Description of your product(s) and/or services Our tourism product is our city. We have the following venues to visit: In the centre of Makó, one of the most representative tenement houses of the city can be found; called Bérpalota, it was built in the Neo-Baroque style. The impressive building of Hotel Korona, which was built in an eclectic style, is also located in the city centre. The József Attila Museum and the Town Museum are exhibiting the complete historical past and an original piece of a Ford Model T, designed by József Galamb is also presented here. Stage of development Old Police Station: 316 666,7 EUR Project idea The townscape of Makó is largely determined by the work of our worldfamous organic architect, Imre Makovecz. In the city more than 10 buildings preserve some mark of the “Master’s hand”. Corona Business and Service Centre – Under evaluation Business Summary Apparently the most outstanding work of Imre Makovecz in Makó is the new Hagymatikum bath. The enormous interior makes the complex unique: guests can relax in 18 different pools and in 9 types of sauna on 12 thou sand square meters floor space. This is completed by the unique natural values of Makó; the river Mures mud is excellent for curing arthritic and rheumatic diseases and can be found only in five areas of the country. Provide a short description of the business According to your requirements we are willing to rent or sell the following buildings: • Boarding School Galamb: – Useful area: 2981.2 m2 – 76 rooms (there are 3 bigger rooms on the ground floor, 12 rooms on the 1st floor with approximately 30-70 m2 area). • Old Police Station: – Main building: Useful area: 1302.9 m2 – Outbuilding: Useful area: 110.00 m2 – There are 104 rooms in the building, of which 57 are to be offices and 47 are server units. • Korona Business and Service Centre: Currently it operates as a business and service centre. In the 1990’s it was renovated in several phases, so a modern restaurant, a conference room for 120 persons, section halls and offices were realized. The increasing number of visi contact information Municipality of Makó Ms Ágnes Szél Project manager Micro-regional Development Office Phone: +36 62 511 898 Email: szel.agnes@mako.hu Hungary, 6900 Makó, Széchenyi tér 22. www.mako.hu