August 3 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP] said on Friday it has invested 83 million kuna ($13 million/11.2 million euro) in its tourism facilities on the island of Krk in 2018.
Most of the funds were invested in upgrades at Valamar's Jezevac camping site, which is now a premium destination with modern camping homes and a new pool zone, Valamar said in a statement.
The Jezevac camp also includes a bar and grill restaurant and a large selection of water sports facilities.
Overall, Valamar has invested 705 million kuna in its facilities in Croatia in 2018.
Valamar Riviera owns two brands: Valamar Hotels and Resorts and Camping Adriatic. With the acquisition of Imperial in 2016, a hotel group on Rab island, Valamar Riviera Group now operates 30 hotels and resorts and 15 camping resorts in five attractive destinations along the Adriatic coast – from Istria and the islands of Krk and Rab to Dubrovnik.
(1 euro=7.40519 kuna)