The most important openings announced for the coming years include hotels operated under Mercure, Novotel Living, Hyatt, Mondrian, Swissotel, Radisson Red or The Hoxton brands.
Overall, Bucharest is likely to add around 1,500 rooms, many in the premium area.
Investors’ interest comes amid rising demand in recent years. Moreover, the lack of premium projects and international hotel brands’ high interest turn Bucharest into an appealing market for investors wanting to bet on hospitality.