JSW selling Różany Gaj Hotel for PLN 24.8 mln

Jastrzębska Spółka Węglowa (JSW) has put Różany Gaj Hotel in Gdynia up for sale. The tender will be held on April 14 at JSW headquarters. It is not the first attempt to sell the hotel - company has been trying to offload the hotel for five years (the hotel was called 'Antracyt' then). The price dropped from PLN 15 million to PLN 11 million, but there were still no buyers. After that, JSW decided to invest in the hotel. In 2015, JSW offered the newly-renovated hotel for PLN 28.5 million, but it remained unsold. In 2016, JSW hopes to sell Różany Gaj Hotel for PLN 24.8 million.