According to Bucharest hotel owners, this year’s performance is due to a strong rebound of demand on the segment of individual tourism, as well as to an improvement on the segment of group and business travel.
It also came amid the rising quality of Bucharest hotel offering.
Last year, Romania’s hotel market registered an overall deal volume of around EUR75 million, with Bucharest accounting for around EUR44 million. The deal volume was up 56% countrywide and 91% in Bucharest against 2021.
No new hotels were opened on Bucharest’s market in 2022, but by 2024 an average annual increase rate of 4.9% in the number of rooms is expected.
(English version by Catalina Apostoiu)