“We will add 20 rooms and three conference rooms to the already existing 96 rooms. The investment stands at EUR1 million,” Cristian Erbasu says.
As the pandemic hurt the hospitality industry, the occupancy rate of the Erbas Hotel is now 15%, and its officials hope to see it up to 25% in the fall. The hotel, located in Aviatiei area, a major office space area in Bucharest, was closed during the lockdown, from March till May.
Cristian Erbasu says he would like to develop a second hotel in Romania, near ibis Styles Bucharest Erbas, but will postpone the investment scheduled for this year.
The Erbasu family built the Erbas Hotel in 1994 and remodeled and reopened it as ibis Styles in the summer of 2018, following a EUR4 million investment.
(English version by Loredana Fratila-Cristescu)