Sonja Dive-Dahl, general manager of Radisson Blu Hotel Bucharest & Park Inn by Radisson Hotel & Residence Bucharest, says that in the past two years, even amid the pandemic and all the restrictions, Radisson Blu has carried out an over EUR24 million investment to completely renovate two building sections. It has also invested in renewable energy.
Last year, the revenues of the company managing the hotel compound stood at around 41% of the 2019 level. Sonja Dive-Dahl expects it to reach 81% of 2019 receipts in 2022.
Bucuresti Turism company that previously managed the compound in 2019 generated RON163.7 million turnover. Now, the new entity is called Nemo Investment Vehicle and reported RON65.4 million turnover in 2021.
The 5-star Radisson Blu hotel is one of the largest in Romania. The hotel was bought in late 2017 by investment funds Revetas Capital and Cerberus, for around EUR170 million. Radisson Blu was previously owned by Elbit Imaging.
(English version by Catalina Apostoiu)