“This year, we hope for a 20-25% turnover increase, we believe the second half of the year will be better,” Igor Onuta, legal representative of Apex Alliance in Romania, told ZF.
He says last year’s increase was a two-digit one as well, but work for the consolidated budget is underway.
“We are analyzing the local market, we have ideas for a future development of the group, but it depends on how funding banks react. We are sealing management contracts with units in Romania and for Bucharest we believe there’s room for new hotels”.
Apex has invested almost EUR120 million so far in the hotels it owns in Romania.
The group has almost 250 employees locally. “We are hiring further, we plan to bring people even from abroad if this will be necessary”.
(English version by Catalina Apostoiu)