Budapest, Hungary – Ramada Resort Aquaworld Budapest

Office: Horwath HTL Hungary & Russia

Scope of Work: Operations Audit for the Ramada Resort Aquaworld Budapest.

Description of Project: Horwath HTL Hungary has been requested by the financing banks to review the entire operations and financial situation of the respective resort hotel in order to maximize profitability and avoid troubled assets. The property is a 309-key resort complex comprises extensive conference, spa and entertainment facilities, located only a 20-minute drive from the centre of Budapest. Our operational and financial audit provided the necessary insight and recommendations the financing banks needed to make sound financial/strategic decisions.

Status: Assignment completed