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Support for the implementation of business models of tourism companies 2021

08.01.2021-30.11.2021

Art Hotel Pallas received support from Enterprise Estonia, the aim of which is to change the business model of Art Hotel Pallas by creating a restaurant.

The aim of the project is to renew the business model of Art Hotel Pallas by building a new restaurant called Humal on a vacant surface in the same building in the center of Tartu, combining the value proposition of both the hotel and the restaurant. The establishment of the restaurant will help increase the competitiveness of the event management sector in Southern Estonia, enabling the long-term introduction of new major events in Southern Estonia and creating better conditions for today’s major events to carry out their own program. The establishment of the restaurant will enable the development of activities for the new customer segments of Art Hotell Pallas.

The project support is 200,000.00 euros.