The initial asking prices are Ft 2.1 billion, Ft 563 million and Ft 1.2 billion respectively, but they will probably sell for less, Napi Gazdaság observes. Bids must be filed by November 29.

No bidders have expressed interest in the 200-room Aranybika on Debrecen’s main square, but the other two are popular, said liquidation manager Imre Buga. All three hotels are functioning."

Source: Hungary Around the Clock.

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.