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Expo Village: 234.6 Million Dinars for 1,500 Housing Units

Expo Village has an accommodation operator. The 234,645,045 dinar contract went to a bidding group of Aurion Service and Delta Hospitality, both from the same ownership circle.

Branko Petrović3 min read0
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Residential buildings at Expo Village, a 1,500 unit housing complex for Expo 2027 participants in Belgrade
Expo Village, a residential complex with 1,500 housing units built for participants in the Expo 2027 exhibition/ Photo: Biznis.rs

Each of the 1,500 housing units at Expo Village carries an average operator fee of 156,430 dinars, or roughly 1,335 euros. That figure comes from dividing the contract value by the number of units the operator will run. Expo 2027 d.o.o. Belgrade announced on August 5 that it had awarded the accommodation operator job to a bidding group made up of Belgrade companies Aurion Service and Delta Hospitality, with the contract valued at 234,645,045 dinars, VAT excluded, or about two million euros.

Expo Village is a housing complex built for official and unofficial participants in the Specialized Expo 2027 Belgrade. The contract does not cover construction. It covers running the complex: organizing and operating the accommodation system day to day, staffing, technical equipment, software solutions and licenses.

The scope of work is narrow and operational. The operator runs bookings and reception, processes accommodation requests and assigns units, communicates with guests before and during their stay, checks guests in and out, coordinates additional services, issues invoices, tracks payments and handles financial reporting.

Who Is Behind the Bidding Group?

On paper, two companies won the contract. In ownership terms, it is a single circle.

Delta Hospitality is owned by Feniks Development, which is controlled by Delta Platinum and Delta Real Estate. That company already runs the Crowne Plaza hotel in Belgrade, so a track record in managing a large accommodation capacity in the city already sits on the bidder’s side, it is not something still being built. Aurion Service is linked to the same group through the company Profileon plus, also via Delta Real Estate.

A bidding group is a common setup when one company lacks the required capacity on its own and teams up with another. Here both sides come from the same ownership structure, which means the job in practice goes to a single business group rather than a consortium of two independent players. How responsibilities are split within the group is not visible from the announcement.

What the Numbers Do and Don’t Tell Us

The average of 156,430 dinars per unit is the only comparable figure the published data allow. A daily management cost per unit cannot be derived from it, because the contract’s duration has not been disclosed, and the operator’s work by its nature starts before the expo opens and continues after it closes.

The expo itself runs for 93 days, from May 15 to August 15, 2027. Organizers expect 143 international participants and more than four million visits. From the day the contract was awarded to opening day, 283 days remain, just over nine months, and that is the window in which the booking, unit allocation and billing system has to be set up and tested.

Danilo Jerinic, director of Expo 2027 Belgrade, drew the same line, between construction and what happens once the building is finished.

“Timely preparation of all supporting systems matters just as much as building the infrastructure itself. Expo Village will be home to thousands of participants from around the world, and that is why we want to provide, from day one, a professional, efficient and reliable accommodation service that meets the standards of a major international event. With this contract we continue building the operational capacity needed for the successful organization of the Specialized Expo 2027 Belgrade, and we are creating the conditions for every participant and guest to have a quality experience during their stay in our country,” Jerinic said.

The statement also signals what phase the project is in: the focus is shifting from construction contracts to service contracts. Previous announcements about Expo Village concerned the buildings, this one concerns the people who will run them.

What Comes Next

The next detail worth watching for is the handover date, when the complex is handed to the operator, since that determines how much time the Delta group companies get for a trial run before the first delegations arrive. There is also the question of what happens to the 1,500 units after August 15, 2027, since the announcement on the contract award says nothing about the complex’s future use.

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