“We made EUR16 million revenue from tourism last year. We expect 25% growth in revenue this year, the price rooms will go up, because Timisoara is a European capital of culture and seeing a 15% increase in occupancy rate this year,” Marius Cristescu, told ZF.
Bega Turism is the largest hotel operator of the 110 in Timis County, according to the latest available data. Bega includes Timisoara Hotel, with 209 rooms, a hotel in Sannicolau Mare, 45 room, the two-star Nord hostel in Timisoara, 39 rooms. The chain also includes a new hotel, ibis. The Cristescu brothers invested EUR10 million in the 200-room ibis Hotel.
(English version by Loredana Fratila-Cristescu)