Grand Hotel Varna AD Varna : Company Profile and SWOT Analysis by WMIntelligence

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									Grand Hotel Varna Resort & Spa

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Grand Hotel Varna Resort & Spa                                             Key Employees
                                                                           Name                     Job Title
Fast Facts
                                                                           Brian Michael Jenkins    Director
Headquarters Address                    Varna 9006, Varna, 9006,Bulgaria

                                                                           Nelly Sandalska          Director
Telephone                               + 359 52 361089

Fax                                     + 359 52 361920
                                                                           Company Overview
Website                                 www.grandhotelvarna.com
                                                                           Grand Hotel Varna Resort & Spa (Grand Hotel)
Ticker Symbol, Stock Exchange           N/A
                                                                           owns and operates five luxury hotels in Varna,
                                                                           Bulgaria. Grand Hotel’s hotel properties include
Number of Employees                     265
                                                                           one five-star hotel: Grand Hotel Varna and four
Fiscal Year End                         December
                                                                           four-star hotels: Dolphin, Dolphin-Marina, Rubin
                                                                           and Lebed. It offers services to tourists and
Revenue (in US$ million)                N/A                                corporate clients. Grand Hotel provides spa
                                                                           services to its guests along with an inventory of
                                                                           833 rooms, 61 suites, 28 maisonettes, and four
                                                                           apartments. It also undertakes various
                                                                           recreational activities such as sightseeing tours,
                                                                           sport, cultural programs and balneology for its
SWOT Analysis                                                              guests. Grand Hotel operates as a subsidiary of
                                                                           Balkan Tourist Development Services, and is
Strengths                               Weaknesses                         headquartered in Varna, Bulgaria.

Broad services portfolio                Limited scale of operations        Key Competitors

Strategic hotel location                                                   Albena AD Albena (Ticker: 6AB)

                                                                           Graffit Gallery Hotel
Strong hotel operations
                                                                           Kempinski Hotel Grand Arena
Opportunities                           Threats
                                                                           Modus Hotel
Growth in RevPAR and occupancy          Risks related to competitive
rates                                   brandjacking
                                                                           Premier Luxury Mountain Resort
Positive outlook for Bulgarian travel   Risks related to unforeseen
and tourism industry                    circumstances




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Grand Hotel Varna Resort & Spa - SWOT Profile                                                                   Page 1
Grand Hotel Varna Resort & Spa

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 4
    1.1      Company Overview ......................................................................................................................................... 4
    1.2      Business Description ...........................................................................................
								
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