Hotel Tylösand makes big profit
HALMSTAD - Hotel Tylösand (Tylöhus to the locals) made a nice profit of 20 million kronor (€2.2 million) last year. Owners Per Gessle and Björn Nordstrand bought the hotel ten years ago for a "very low price," as it was close to going into bankruptcy.
The odd business partners have plowed down about 200 million kronor (€22 million) into the hotel, and the latest plan is a glass-covered spa with an ocean view for 25 million kronor (€2.3 million).
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May 7th, 2005
Internal reference code for TDR's Good Reporters: [tdr 110995]
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Archive, TDR:Per Gessle, vintage.