A five-star hotel, operated under a new local brand, Rivaz, is set to be opened there. In line with ZF data, this will be the first five-star unit in the resort.
In line with National Statistics Institute data, there are five-star hotels at the Romanian seaside, not including Constanta city. The number is expected to grow as investors increasingly focus on this underdeveloped area of Romania.
The Olimp unit will have 130 rooms, as well as an infinity-type pool on the rooftop, a private beach a spa&fitness center, a skybar and a gourmet restaurant.
On the medium and long term, David Aron, Alpin group CEO, plans to expand the company’s portfolio via hotel and real estate projects in several area of the country, as well as by developing partnerships for hotel operation.
Alpin hotel group ended 2024 with RON73.7 million revenues, up 10% on the year. For 2025, it has budgeted a similar advance.
(English version by Catalina Apostoiu)