The latest deadline announced by Spain’s Hercesa was September this year, but now the hotel is most likely to open its gates before the winter holidays.

“We will hold a press conference to announce the exact date of the opening,” said Georgeta Grecu, general manager of Hotel Cismigiu.

Hercesa has turned the 100 year-old dilapidated building into a four-star 60-suite hotel. The price of an apartment starts from EUR85 per night, according to information supplied by a representative of the hotel’s reservations service.
Customers can also get long-term accommodation at the hotel.

Apart from the area dedicated to the suites, the hotel also has stores on its ground floor and office spaces on the mezzanine and on the first floor.

Hercesa has so far attracted two tenants, the Cervantes Institute, which rented the mezzanine, a portion of the ground floor and the first floor, as well as the Humanitas group, which recently opened a 270 square-meter bookstore on the ground floor.

The company’s website also lists Gambrinus restaurant, which will open in December, as tenant. The hotel will also have a rooftop restaurant that will open in December on its top floor, as well as seven conference rooms, according to the hotel’s website.

The renovation of the building took three years and cost EUR15 million.

Present on the Romanian market since 2004, Hercesa has been involved in the development of several residential projects in Bucharest. The company’s most advanced project is Vivenda residential complex in Titan, a 1,400-unit housing project.

(English version by Daniela Stoican)