CONTINENTAL HOTELS
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Continental Hotels Invests EUR7M in Hotel Renovation in 2021; Set to Start Brasov Hotel Project in 2022
Hotel chain Continental Hotels, controlled by Radu Enache, invested EUR7 million this year to refurbish four hotels and in 2022 is set to complete investments in the 3-star hotel of Bucharest and start the hotel project of Brasov, a four-star Forum.
Continental Hotels Chain to Remodel Four Hotels for EUR6.85M
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and...
Continental Hotels Chain And French Accor Group Jointly Terminate Their Management Agreement
Continental Hotels, controlled by businessman Radu Enache, and French Accor Group have jointly decided to terminate their management agreement signed 20 years ago. Following this decision, f...
Continental Hotels Set To Increase Revenue By 5% In 2015
Radu Enache, a stakeholder in Continental hotel chain, one of Romania’s biggest, says he expects the hotel business to register a 5% revenue advance this year.
Continental Hotels In Line With Budget After 10% Growth In 1Q
Continental Hotels, one of the biggest hotel chains in Romania, stayed in line with the forecasts in the first three months, as its revenue went up 10%, the growth pace predicted for the ent...
Continental Hotels Aims For 10% Higher Revenue In 2014
Businessman Radu Enache, the owner of the Continental hotel chain, one of the largest in Romania, says he targets a 10% revenue growth this year from EUR21 million last year. However, Contin...
Radu Enache At His Fifth Sale&Lease Back Deal
Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was sign...
Continental Hotels Plans Switch To Profit In 2011
Romanian hotel operator Continental Hotels on Wednesday said it expects a switch to profit this year, from a loss of EUR4.8 million in 2010, based on more aggressive marketing and promotion...