Daniel Ben-Yehuda, the hotel’s chief, said the first half was good, but Bucharest still is a destination counting on corporate events, not tourists.
The hotel has 270 rooms and operates 11 conference rooms.
In line with public data, in 2019, the best year for tourism, the hotel reported RON61.5 million turnover and RON7.9 million net profit with 230 employees. The hotel aims to reach the 2019 figures this year. In 2022, it reported RON43 million turnover and RON1.6 million net profit, with 146 employees.
The company owning the five-star hotel owns a land plot near Sheraton, where it plans to build another five-star hotel with over 100 rooms.
(English version by Catalina Apostoiu)