Puchner Castle Hotel and Medieval Theme Park – Bikal, Hungary
Financial Audit of Puchner Castle Hotel and Medieval Theme Park
Horwath HTL Solution:
At the request of ERSTE Bank, the owners have retained Horwath HTL to review and evaluate the operations, financial efficiency and business plan of this unique castle hotel and its adjacent attraction, a medieval village located near Pécs, Hungary. The objective of the assignment was to help the financing bank in its decision making to consider funding of the property’s further development. Horwath HTL prepared an operations audit and financial performance assessment for the subject hotel.
Assignment completed in 2011, hotel and park are in operation