Falkensteiner takes over management of Austria’s largest thermal resort Loipersdorf
The supervisory boards of Valamar and Imperial Riviera have granted preliminary approvals for investments in 2027 totaling €151.6 million at the Valamar Group level, of which €115.4 million relates to Valamar's investments, whilst €36.2 million relates to Imperial Riviera's investments.
The planned investments are aimed at further strengthening competitiveness and long-term business sustainability by enhancing the quality of the tourism product and services within the portfolio, developing tourism infrastructure and investing in year-round accommodation for employees within the destination.
Among the prominent projects in 2027, notable highlights include investments in the Valamar Diamant Hotel in Poreč, including the sports facilities of the Brulo zone, a new laundry facility, the continuation of investments in the Valfresco Central Kitchen and the construction of apartments for key employees in the centre of Poreč. In the destination of Rab, investments are primarily directed towards new facilities within the Arba Resort, Valamar Collection, which includes the construction of 76 new accommodation units.
