Colaborator
Miruna Diaconu
- Fields
- Companies, Analysis, Real Estate
- Writing for ZF since
- 2021
- Articles
- 306
Travel Agency Aerotravel Posted 270% Higher Demand in 1H 2021 vs 1H 2020, but Still Below 2019 Level
Antonio Nitu, general manager of travel agency Aerotravel, says he noticed rising demand for business travel, with Romanian small and medium-sized companies starting asking for both outbound...
Turkey and Greece Restrictions Lift Romanian Seaside Demand
The new travel restrictions, namely the inclusion of Greece, France and Spain on the red list and of Turkey on the yellow list, are significantly pushing up demand for the Romanian seaside.
Phoenicia Hotel Group, Controlled by Businessman Mohammad Murad, in 2020 Hit RON95M Turnover, Down 26%
Phoenicia hotel group, controlled by businessman Mohammad Murad, last year generated turnover worth RON95 million, 26% lower than in 2019, when the group’s turnover got close to RON130 milli...
Over 79,200 Companies Set Up in 1H/2021, Highest Number in Recent Years
The first half of 2021 saw the number of newly-set up companies hit a peak compared with the similar periods of the previous years, with over 79,700 companies being established in the first...
Lithuanian-held Apex Alliance Hotel Management Finalises EUR42M Investment in Bucharest’s Old Town
Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town.
One in Ten Tourism Employees Exited Sector in 2020
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.