Anđelko Leko denies reports of Hup Zagreb hotel portfolio sale

Sheraton Hotel Zagreb, Croatia

Contrary to earlier reports, Anđelko Leko has claimed that he has not agreed to sell the Croatia-based Hup Zagreb hotel portfolio. While he is looking to establish strategic partners, Leko said that he never even considered selling the hotels. 

While the CEO of Hup Zagreb confirmed that he received offers for the portfolio recently, Leko explained that the media had misunderstood him. "As of yet, nothing is done or agreed. There were several conversations and some interest, but I didn't make any business," Leko told Jutarnji List

Hup Zagreb maintains a portfolio of six hotels in the city of Zagreb: Westin, Sheraton, Panorama, Adriatic, Zagreb, and International. The company also owns three Dubrovnik hotels and villas, the latest of which is the Hotel Sheraton Dubrovnik Riviera. The hotel opened in 2015 as part of an investment costing over $95 million and the final stage of the Dubrovnik Riviera Hotels project. The Sheraton is surrounded by villas and other objects in Srebreno, the new Hotel Mlini and Villas Mlini in Mlini and the renovated Astarea hotel in Mlini.

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The company secured one of these partnerships last August with the Croatian Football Federation. Hup Zagreb and the Croatian Football Federation  signed a cooperation agreement making these Croatian hotels the official accommodation of teams and officials during the organization of the U17 national team for the European Under-17 Championships, which was hosted by Croatia for the first time in May 2017. Hup Zagreb’s Panorama Zagreb Hotel and Sheraton Zagreb Hotel were chosen as the designated accommodation for these officials and teams. 

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