Of the total investment, HUF 210 mln is being provided by the European Union in the form of a grant. The expansion is intended to raise the number of annual guest nights from 16,000 to 18,300 and raise occupancy rates from 50% to 60%. Targeted revenues for this year are set at HUF 330 mln, up from the HUF 290 mln reached in 2014, Bogdán added.
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