Dubrovnik hotels

  • Dubrovnik hotels
  • Dubrovnik hotels
  • Dubrovnik hotels
  • Dubrovnik hotels
  • Dubrovnik hotels
  • Dubrovnik hotels
Company history Print

January 1995

Grand Hotel Bonavia, Rijeka, Croatia Acquired a 52.5% stake from the Croatian Privatisation Fund and 47.5% shares from war veterans and individual shareholders. Hotel acquired in a competitive bid.

December 1995

Bought Sir Christopher Wren’s House Hotel, Windsor, Berkshire, UK

Purchased from Greenstar Hotels Ltd

August 1996

Acquired lease on 57 Thames Street, Windsor, Berkshire, UK

From Bedford Family

October 1996

Bought Taplow House Hotel, Taplow, nr Maidenhead, UK

January 1997

Acquired freehold on 58 Thames Street, Windsor, Berkshire, UK

From Bousfield Family

February 1997

Acquired freehold on 50 Thames Street, Windsor, Berkshire, UK

March 1997

Bought Aucterarder House Hotel, Perthsire, Scotland

Purchased outright from Pertshire Leisure Ltd

October 1997

Bought Cringletie House Hotel, Peeblesshire, Scotland

Purchased outright from Maguire Family

August 1998.

Bought Wyck Hill House Hotel, Stow-on-the-Wold, Cotswolds, Glos, UK

Purchased from Lyric Hotels Ltd

March 2000

Grand Hotel Bonavia re-opens after 12 months closure
Total refurbishment program worth 10 mil EUR complete.


June 2000

Conversion of 58 Thames Street, Windsor, Berkshire, UK

Created hotel rooms & individual rooms in annex

December 2000

Bought The Christopher Hotel, Eton, Berkshire, UK

Purchased lond lease from Hoicrest Ltd

December 2000.

Won tender for purchase of Hotel Excelsior, Dubrovnik, Croatia

Acquired from the Croatian Privatisation Fund under competitive bid conditions:

407.095 of Hotel Excelsior stock, which is 86.07% of share capital, was purchased for a total amount of HRK 4.729.470 and assumption of all outstanding debts, amounting to 21.35 mil EUR, which was partly paid in cash, and partly covered by a bank guarantee, which lifted the government's guarantee of 17.5 mil EUR.

March 2001.

Bought The Swan, Windsor, Berkshire, UK

For development into hotel and conference rooms

April 2001

Excelsior joined Wren's Hotel Group - Official celebration at Hotel Excelsior

April 2001

Won tender for purchase of Hotel Bellevue
Acquired from the Croatian Privatisation Fund under competitive bid conditions /

Agreement signed in June 2001.
63% of shares owned by the Croatian Privatisation Fund were purchased and paid according to their nominal value, totaling HRK 8.2 mil.


April 2001

Adriatic Luxury Hotels registered at the Commercial Court in Rijeka

Adriatic Luxury Hotels is a management company for the hotels owned by Goran Strok in Croatia: Hotel Excelsior and Hotel Bellevue in Dubrovnik, and Grand Hotel Bonavia in Rijeka. It is part of the Wren’s Hotel Group based in London.

October 2001

Renata’s Restaurant at The Christopher Hotel opens

First restaurant launch for Wren’s Hotel group and first phase investment for The Christopher Hotel

January 2002
Won tender of Hotel Maestral for purchase of Dubrovnik Palace Hotel

April 2002

Hotel Dubrovnik Palace, Dubrovnik, Croatia

The hotel was purchased for a total amount of EUR 5.1 million.

April 2002

Adriatic Luxury Services founded

In response to market needs and the requirements of our customers, Wren's Hotel Group and Adriatic Luxury Hotels founded the Adriatic Luxury Services tourist agency, adding to the quality and diversity of their services. Luxury road, sea and air transport is what distinguishes this recently established agency from other destination service providers on the Croatian market.

April 2002

Auchterarder House Hotel sold to private individual

June 2002

Sir Christopher Wren's House Hotel completes final phase of development

Wren's Club, an executive health & fitness centre, launched; dedicated business centre opens, The Pavilion, a conservatory area, opens as part of restaurant; 90 bedrooms in total

July 2002

Adriatic Luxury Hotels changes its headquarters from Rijeka to Dubrovnik


July 2002

Wren's Hotel Group signs first management contract in The Seychelles

September 2002

Purchasing agreement signed with the Konavle Municipality for three facilities under bid conditions for a price of EUR 716.000.

Old school building in Cavtat (the future Villa Excelsior), old school building in Gruda (a small 4-star hotel with 25 rooms) and a restaurant in Molunat.

November 2002

Goran Strok joins The Windsor Festival development committee

December 2002

Reconstruction of Hotel Dubrovnik Palace

The most demanding reconstruction project at ALH commences

February 2003

Cerf island Resort & Spa, Seychelles, joins Wren’s Hotels’ portfolio

Contract to develop, upgrade and manage 12 exclusive villas on Cerf Island, The Seychelles, scheduled to open June 2003

February 2003

Le Northolme development plans begin

10 mil US dollars invested to create 45 luxurious bedrooms

March 2003

Sale of Cringletie House complete


July 2003

Cerf island Marine Park Resort, Seychelles opens

December 2003


Hotel Kompas, Dubrovnik, Croatia

Acquired from the Croatian Privatisation Fund under competitive bid conditions:

83.5% of share capital acquired for a cash consideration of HRK 22.500.000, outstanding debts totaling HRK 23.397.397,38 and the hotel creditor’s debt of EUR 194.869, which had been insured by guarantee of the Government of Croatia, were paid.


January 2004

Wren’s Hotel Group sells Wyck Hill House Hotel to Niche Hotels

January 2004


Wren’s Hotel Group gets re-branded to GS Hotels & Resorts

The company operates two portfolio’s – Adriatic Luxury Hotels in Croatia and Wren’s Hotels in UK

March 2004

GS Hotels & Resorts ends its management contract and project involvement with the Seychelles. The aim is to concentrate solely on the UK and Croatia


All operations to concentrate solely on the UK and Croatia

March 2004

GS Hotels & Resorts signs a sub-master franchise agreement with Park Plaza Hotels Europe

GS Hotels & Resorts has exclusive rights to develop the international hotel chain in former Yugoslavian countries

March 2004

Grand Hotel Bonavia and Park Plaza Hotels sign franchise agreement, hotel becomes Grand Hotel Bonavia Park Plaza

Grand Hotel Bonavia is the first Park Plaza hotel in the region

March 2004

Adriatic Tourist Foundation established

Foundation to financially support future tourism professionals

April 2004


Sir Christopher Wren’s House undergoes a 250.000 GBP refurbishment

Refurbishment of its public areas and Strok’s Restaurant and Bar

May 2004

Dubrovnik Palace Hotel & Conference Centre opened by President of Croatia Mr. Stjepan Mesić

The single largest tourism development in Croatia in the last 30 years is opened by the President of Croatia and represents a significant step forward in the re-generation of tourism in Croatia. 44 mil EUR has been spent on the 308 bedroom five star hotel

August 2004

The Christopher Hotel closed for a major refurbishment

1 GBP million invested to update all 33 bedrooms and Junior Suites, Wine bar and Lounge. Reopen November 2004 as a boutique Hotel with clean, stylish design

October 2004

Hotel Excelsior wins prestigious award – Best Hotel of the year 2004 on The Adriatic Coast

Announced by Croatian Economic Chamber and Croatian National Television

November 2004

The Christopher – Eton’s Boutique Hotel re-opens after complete refurbishment

January 2005


Kostabela leased by Adriatic Luxury Hotels

Former recreational zone Kostabela in Rijeka leased by Adriatic Luxury Hotels for a period of 30 years to become Luxury SPA centre.

February 2005


Adriatic Luxury Hotels opens office in Zagreb

March 2005


Sir Christopher Wren's House Hotel & Spa wins international award as best hotel of the year

Sir Christopher Wren’s House Hotel & Spa in Windsor has won the best hotel of the year Award from Distinguished Hotels International, beating off competition from 138 other hotels from across the world.

May 2005

The Hotel Dubrovnik Palace has been nominated for the 2005 World Travel Awards in two categories: Croatia's Leading Hotel and Croatia's Leading SPA Resort


September 2005

Hotel Excelsior – wins second place for best 5-star hotel on the Adriatic

Awarded by the Croatian Chamber of Economy, Croatian Television and the Croatian Association of Hoteliers

Hotel Kompas wins prestigious award – Best 3 Star Hotel in Croatia

Announced by Croatian Economic Chamber and Croatian National Television

October 2005


Reconstruction of the Hotel Bellevue starts

Future 5-plus star boutique Hotel Bellevue will have 94 luxurious, chicly designed rooms and suites. The investment is estimated at more than EUR 20 million.

November 2005


Dubrovnik Palace Hotel wins the “Tourism Oscar”, the prestigious 2005 World Travel Awards in two categories: Croatia’s Leading Hotel and Croatia’s Leading SPA Resort


Dubrovnik Palace Hotel wins the ‘Tourism Oscar’ in two categories: Croatia’s Leading Hotela and Croatia’s Leading Spa Resort


February 2006

Dubrovnik-based Hotel Excelsior listed among the eleven hottest hotels in Europe by the Sunday Times

Eminent British daily Sunday Times lists the iconic Hotel Excelsior among Europe’s hottest hotels. Excelsior is the only Croatian hotel to be listed amongst fierce competition from France, Spain, Italy

April 2006

The Dubrovnik Palace Hotel nominated for three prestigious World Travel Awards in the categories of Europe's Leading Resort, Croatia’s Leading Hotel and Croatia’s Leading Spa Resort

The Dubrovnik Palace Hotel is the first Croatian hotel to be nominated as leading resort in Europe


September 2006

At the gala awards ceremony of the 'Tourism Oscars' – the prestigious 2006 World Travel Awards the Dubrovnik Palace Hotel was awarded for the second year in a row in the following two categories: Croatia’s Leading Hotel and Croatia’s Leading SPA Resort.

The Dubrovnik Palace Hotel has won the ‘Tourist flower – Quality for Croatia 2006.’ Award for best Croatian 5-star hotel on the Adriatic

November 2006


City Luxury Hotels brand launched

At a press conference in Rijeka, chairman of GS Hotels and Resorts Goran Štrok presents a new brand within the Adriatic Luxury Hotels Group – City Luxury Hotels, which will manage a range of city hotels


November 2006

Grand Hotel Bonavia celebrates its 130th anniversary with a gala event

As part of the celebration, world-renowned violinist Julian Rachlin and his friends hold a concert at the Maritime and History Museum in Rijeka

Participants of the gala celebration first visit the Adriatic Luxury Hotels in Dubrovnik, where the luxurious Hotel Bellevue was presented for the first time after its reconstruction to the distinguished guests, visitors and media representatives

November 2006

Grand Hotel Bonavia wins a valuable 'Recognition for contribution to the development of the Croatian hotel industry' from the Croatian Association of Hoteliers and Restaurateurs


November 2006

Reconstruction of the Hotel Excelsior

EUR 5 million is planned to be invested in the first phase of the project, which is to focus on a thorough reconstruction of the old part of the Hotel Excelsior known as the Villa Odak

December 2006

Hotel Bellevue welcomes its first guests

After a thorough 14-month reconstruction, with over EUR 24 million invested, the luxurious Hotel Bellevue welcomed its first guests, kicking off a 'soft opening' period of operations.

In addition to the Hotel Excelsior and Dubrovnik Palace Hotel, the Hotel Bellevue is the third luxurious hotel of the highest category in Dubrovnik operating under the Adriatic Luxury Hotels Group.


February 2007
Adriatic Luxury Hotels and A Hotels sign management agreement for the Hotel Atrium in Split

The management agreement for Atrium Hotel in Split is just the beginning of ALH Group’s announced projects aimed at expanding its operations into the Split and Zagreb region, which will be operating under the new City Luxury Hotels brand.


March 2007.

GS Hotels & Resorts renamed to GS HR Holdings Limited

April 2007.

Hotel Excelsior reopens

After just five months, the Hotel Excelsior reopens for operation. The new splendor of the Villa Odak announces a new look for the Excelsior.


April 2007.
Dubrovnik Palace and Excelsior nominated for the prestigious World Travel Awards 2007

The Dubrovnik Palace Hotel has been nominated for the prestigious World Travel Awards, dubbed the Tourism Oscars, in four European categories: Leading Hotel, Leading Resort, Leading Suite and Leading Diving Resort.

In addition, the Dubrovnik Palace has again been nominated as Croatia’s Leading Hotel and Croatia’s Leading Spa Resort – the categories that it has won for the last two years in a row.

The Hotel Excelsior has been nominated for the prestigious World Travel Awards as Croatia’s Leading Hotel.


April 2007

Croatian Caribbean Yacht Charter founded

Croatian Caribbean Yacht Charter is a new company for providing mega yacht charter services, founded in cooperation with the company Profectus

June 2007


Hotel Bellevue one of 19 coolest hotels in Europe according to The Sunday Times

Eminent British newspaper The Sunday Times lists the Hotel Bellevue among Europe's 19 coolest new hotels

June 2007


Agreement signed with EBRD and IFC

GSHR Holdings Limited, the owner of Adriatic Luxury Hotels, has signed an investment agreement worth €130 million with the European Bank for Reconstruction and Development and the International Finance Corporation, the private sector arm of the World Bank Group. The investment will support the further development of hotels owned and managed by GSHR.


September 2007

New awards and recognitions for the Dubrovnik Palace Hotel

For the second year in a row, the Dubrovnik Palace Hotel has won the Tourism Flower - Quality for Croatia Award for best Croatian 5-star hotel on the Adriatic.

The Dubrovnik Palace Hotel has also won the World Travel Awards as Croatia’s Leading Spa Resort for the third year in a row.


September 2007

The Sir Christopher sold

As a result of focusing hotel operations on the Croatian market, another UK-based hotel was sold.

November 2007


Hotel Excelsior closes once again for a complete renovation


The second phase of the reconstruction of the luxurious Hotel Excelsior is expected to entail a €14 million investment. The hotel will have a total of 158 luxurious rooms including two presidential suites and 14 de luxe suites. After the reconstruction project, the Excelsior will also have a completely new reception, restaurants, indoor pool and improved spa and wellness facilities. The former à la carte restaurant Taverna Rustica will be turned into a luxurious villa.

March 2008


Cooperation with CCYC ends

Cooperation with the company Croatian Caribbean Yacht Charter ends due to new potential projects and refocusing on the company’s core business.

March 2008

Management agreement for the Atrium Hotel in Split between Adriatic Luxury Hotels and A Hotels terminated

April 2008

Work commences on the luxurious Gruda facility

Work has commenced on the Hotel Gruda, one of three future luxurious facilities belonging to Adriatic Luxury Hotels in the Konavle area. The first phase of the project will amount to €3 million, while the entire investment is expected to be worth €7 million. The Hotel Gruda will have 25 luxurious 4-star rooms and suites, a restaurant, lounge bar, salon, conference room, spacious parking area and beautifully decorated gardens.

June 2008


Hotel Excelsior reopens

The hotel has undergone extensive renovation and stylish refurbishments, costing over 22 million euro to emerge as one of the most luxurious hotel in Mediterranean.

July 2008

Excelsior Hotel & Spa – listed among the five hottest hotels in the world recently opened for business by influential hotel industry magazine Hotels

August 2008


Villa Agave opened


Double Oscar winner Kevin Spacey inaugurated former Tavern Rustica which is located in close vicinity of hotel Excelsior.

Luxurious Villa Agave is the first property of the Luxury Villas, a new brand for the ALH Group aimed for VIPs, celebrities and high spenders.

September 2008


New awards and recognitions for the Dubrovnik Palace Hotel

For the third year in a row, the Dubrovnik Palace Hotel has won the Tourism Flower - Quality for Croatia Award for best Croatian 5-star hotel on the Adriatic.



 

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