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