Tourism Commission: the hotels operating without credit find it difficult to finance their operations

By: trademagazin Date: 2011. 11. 30. 12:02

Even hotels operating without credit can hardly finance their operations – was said at the Wednesday meeting of the National Sport and Tourism Committee.

Baranyay László, Chairman and Chief Executive Officer of  the Hungarian Development Bank Ltd., told at the committee meeting, that in the bank currently 15 hotel business-related financing transactions are under way, this represents 50 billion HUF worth portfolio of loan and investment side – reports MTI.

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