Hotel Medora Auri in Podgora won the prestigious TUI Nordic Blue Star award

first_imgOnly a year after the opening, the Medora Auri Hotel in Podgora was awarded the TUI Nordic Blue Star 2017 Gold Award for the best rated hotel by a guest of this prestigious market concept.The Blue Star concept is part of TUI Nordic’s offer, as well as its longest-lived and most popular brand. All 34 hotels in Europe, as well as 22 hotels in other world destinations, have common characteristics in this concept – a variety of facilities and services for families and couples in facilities of categories 4 and 5 *, especially sustainability, environmental protection and modern technological solutions. . “The Gold Award, based on the ratings of the guests who stayed at the Medora Auri Hotel, is extremely important for the hotel and the Society as a whole and because the Medora Auri Hotel is the first facility from Croatia to win the Gold Award, ie first place in one of the TUI’s market concepts. This is especially important for us because of the construction of a positive image of Croatia as a destination of excellence and high quality tourist product. In the same competition, the hotel won a silver award for the quality of WiFi and a bronze award for the overall maintenance and cleanliness of the hotel. These awards represent an additional incentive to all employees of the Company to further improve the quality and create an exceptional experience of staying in our facilities.Said the President of the Management Board Zrinko Kamber.Medora repaid debts from pre-bankruptcy prematurelyAt the beginning of the month, Medora hotels from Podgora prematurely settled all their obligations of the Company from the pre-bankruptcy settlement, both to the Ministry of Finance and to all other creditors in full, and the early payment achieved the preconditions for concluding the pre-bankruptcy settlement.According to the Medora Hotel, the early repayment of liabilities was made partly from own funds and partly from a special-purpose loan of Zagrebačka banka dd in the amount of EUR 4,53 million, with a currency clause in kuna equivalent at the middle exchange rate of the CNB. The loan repayment period is 10 years, and no later than October 31.10.2027, 4,20. year, with a variable regular interest rate of XNUMX% per annum.After last year’s renovation of the Medora Auri Family Beach Resort hotel, in which they invested more than 15 million euros, in 2018 Medora plans to continue investing in the two remaining hotels and camps.last_img read more

UK pensions industry bemoans lack of clarity on DC reforms

first_imgRuston Smith, chairman at the NAPF, said while there was no denying that the reforms were an “exciting and compelling” proposition for savers, the industry was beside itself as the deadline approached.“April is not far away,” he told delegates at this year’s NAPF Annual Conference in Liverpool.“The problem is, we do not know enough about the detail. This lack of detail and lack of clarity is severely limiting our opportunity to get things right for members – and it is increasing the risk of failure.”He said, with 4.2m savers eligible to take advantage of the reforms come April, products and legislation were still unprepared.The UK’s DC market has long supported the insurance annuity business, but concerns have grown over the value for money offered by insurers.Savers are now expected to look for more income-drawdown products, or to withdraw their DC savings entirely as cash.“These people will expect these products to work and expect us to help them make the right choice,” Smith said.“The government has set high expectations for the industry to respond positively and innovatively. But it is closing down the time we have to make this a real success.“I say to the government, help us to give freedom and choice and not fear and confusion. Give us the clarity we need to make this a success.”Speaking later at the conference, Labour MP Gregg McClymont, the opposition’s spokesman on pensions, said while his party understood it was “politically difficult” to speak out against the reforms, the party did in principle support greater freedom.However, his personal misgivings over the reforms were that it did not fix the main criticism placed on insurers or the UK annuity market.“There are good political reasons for [the reforms],” he said. “It is possible to work with [the government] on the reforms, while defending pensions as a concept.”McClymont said that, while the annuities market did need reform, the criticisms were based on DC savers never seeking out the right arrangement.He said he failed to understand how giving DC savers more choice was going to solve the situation. Industry figures and opposition politicians have condemned the lack of clarity from the UK government over fast-approaching reforms to the defined contribution (DC) at-retirement model.Reforms are set to go into effect in April 2015, just over a year after they were announced as part of chancellor George Osborne’s 2014 Budget.The ‘Freedom and Choice’ proposals, which removed the need for compulsory annuitisation, were welcomed by the National Association of Pension Funds (NAPF) and unchallenged by the opposition party.However, pressure for more detail is now mounting.last_img read more

DDA Boss says staycation will boost local economy

first_img 22 Views   no discussions Sharing is caring! Share Share Sharecenter_img LocalNews DDA Boss says staycation will boost local economy by: – June 15, 2011 Tweet Mr. Colin Piper speaking at the Tourism Awards held at the Fort Young Hotel last month.Dominica’s “staycation” promotion invented by the Discover Dominica Authority will mean more money in the country’s economy.The DDA wants locals to stay on the island instead of going overseas this summer.Director of the DDA Colin Piper says organizers wanted to convince traveler that they could save money by taking a vacation in Dominica and to inform and educate them on the product.“Many Dominicans have not been to hotels here and partake in activities such as river tubing, even going to the Aerial Tram. We wanted to encourage families to take a vacation in Dominica that would be cost effective and be a great memory for the family,” he said.He said the idea is also to keep the money in the economy.Ten accommodation proprietors are offering specials this summer.Dominica Vibes Newslast_img read more

President Trump Nominated for Nobel Peace Prize for Mid-East Peace Deal

first_imgThe Nobel Peace Prize is one of five Nobel Prizes, alongside Physiology or Medicine, Literature, Chemistry and Physics and is awarded on December 10 every year. President Donald Trump has been nominated for a Nobel Peace Prize for his efforts in reaching the agreement between Israel and the United Arab Emirates.He was nominated by a member of the Norwegian Parliament whose letter also cited Trump’s “key role in facilitating contact between India and Pakistan, and North and South Korea.”Christian Tybring-Gjedde, a member of the Norwegian Parliament and chairman to the NATO Parliamentary Assembly, submitted the nomination and admits that he is”not a big Trump supporter.”“The committee should look at the facts and judge him on the facts – not on the way he behaves sometimes,” he continued. “The people who have received the Peace Prize in recent years have done much less than Donald Trump.“For example, Barack Obama did nothing,” he told to Fox News, referring to former US president Barack Obama’s Nobel Peace Prize win in 2009 for, according to the Nobel Committee, his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”Tybring-Gjedde also nominated Trump in 2018 for his Singapore summit with North Korean leader Kim Jong Un which he did not win. Obama received the award in 2009, less than nine months into his first term in the White House for what the Norwegian Nobel Committee said were “extraordinary efforts to strengthen international diplomacy” and his calls for nuclear nonproliferation. #BREAKING: @realDonaldTrump was nominated for a Nobel Peace Prize for his hand in reaching the #IsraelUAEDeal. https://t.co/LIMc7bQqSt— The Jerusalem Post (@Jerusalem_Post) September 9, 2020last_img read more