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Croatia's Arena reopens hotel in Budapest after 3.2 mln euro upgrade

Author Annie Tsoneva
Croatia's Arena reopens hotel in Budapest after 3.2 mln euro upgrade Croatia's Arena Hospitality hotel in Budapest. Photo by Arena Hospitality.

ZAGREB (Croatia), June 17 (SeeNews) - Croatian hotel owner and operator Arena Hospitality [ZSE:ARNT] said on Friday its has reopened its hotel Art’otel Budapest in the Hungarian capital after a 3.2 million euro ($3.4 million) upgrade.

The hotel has been completely renovated since October last year, the company said in a press release.

It was first opened in 2000.

Arena Hospitality also owns hotels in Croatia, Austria, Germany, and Serbia.

Its shares traded 2.99% lower at 260 kuna ($36/35euro) intraday on Friday on the Zagreb Stock Exchange on a bearish market.

(1 euro=7.515 Croatian kuna)

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