HOTEL MARKET
16 articole · RSS
Cushman & Wakefield Echinox: Bucharest Hotel Market To Expand By More Than 1,500 New Rooms By 2028
Hotels in capital city Bucharest saw an increase of 5% in revenue per available room (RevPAR) year-over-year in the first half of 2026 and of 25.2% above the pre-pandemic level, respectively, as per data from real estate consulting firm Cushman & Wakefield.
Colliers: Romania Hotel Market Boasts One of EU’s Strongest Expansions
Romania hospitality industry in the first half of 2025 registered a 19% turnover increase, the third largest advance in the EU, after Greece (35%) and Hungary (22%), in line with Eurostat da...
Romania Hotel Market Continues Upward Trend in H1/2025
Romania hotel market had a positive evolution in the first half of 2025, with revenues per room (RevPAR) rising by 12% on average, after the occupancy rate went up by around 4% and the avera...
Investors Announce 1,000 New Hotel Rooms in Bucharest in Next Two Years
Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and occupancy rate, while the daily average tariff exce...
Colliers: Romania Hotel Market Hits New Peak in 2024
Romania’s hotel market is undergoing a period of fast growth, reaching a 30-year high of over 25 overnight stays in 2024, supported by a rising number of foreign tourists and high demand for...
Romania Hotel Sector Doubles in Size in 25 Years
Romania hotel market has doubled its size in the past 25 years, from 811 hotels in 2000, to 1,600 hotels in 2024, in line with the country’s statistics board INS.
Cushman & Wakefield: Bucharest Will Boast Biggest New Hotel Supply Growth in CEE Btw 2024-2026
Bucharest will during the 2024-2026 period register the strongest increase in new hotel spaces among CEE capital cities, with an advance of around 5.8%, meaning another 2,400 rooms will be d...
Crosspoint: Short-Term Rentals In Bucharest Generate Annual Revenues Of Over EUR40M
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of EUR41.3 million, nearly double compared to 2019...
Cushman & Wakefield: Bucharest Hotel Market Continues Post-Pandemic Recovery
While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by...