It may seem as if the whole world is holidaying on the same select islands in the Med, which is crazy because there are so many to choose from. Here is our list of much more deserted isles - but don’t tell anyone.
Croatia s Valamar Riviera turns to net loss in 2020 Valamar Isabella Island Resort. Author: Valamar. License: All rights reserved.
ZAGREB (Croatia), March 3 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP-R-A] said it turned to a 358.8 million kuna ($57.2 million/47.3 million euro) net loss in 2020, from a 305.9 million euro net profit the previous year, hit by the coronavirus pandemic.
Consolidated revenues fell 68.6% on the year to 696.9 million kuna, with sales revenue shrinking 70% to 642.5 million kuna, mostly due to the coronavirus lockdown, which left Valamar s facilities closed from March until the end of May, the company said in a filing with the Zagreb Stock Exchange (ZSE) last week.