HOTEL
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APX To Open New Hotel in Sibiu In Spring 2021
APX hotel group of Romanian investor Adrian Polec, which owns four hotels in Bucharest and the rest of the country, will open its fifth hotel, in Sibiu, next year.
Cristian Erbasu Invests EUR1M In Ibis Styles Bucharest Erbas Hotel Extension
Ibis Styles Bucharest Erbas Hotel is getting a new extension, the third building part of the hotel, with construction started a few months ago by owner Cristian Erbasu, who also owns builder...
One In Ten Hotel Rooms In Romania Affiliated To An International Chain
More than 7,900 hotel rooms in Romania or 10% of the total number of three, four and five-star rooms were affiliated to an international hotel chain last year, hotel consultancy Trend Hospit...
Radu Enache, Continental Hotels: GED Seeks To Sell Its Stake
Spanish-held private equity firm GED is looking for a buyer for the almost 30% in Continental hotel group, businessman Radu Enache, the majority owner of the business, says.
Businessman Octavian Radu Buys 51% In Five-Star Ioana Hotels In Sinaia
Entrepreneur Octavian Radu who owns several businesses, among which bookstore chain Diverta and mailing company Pink Post, has bought the majority stake (51%) in a five star hotel and restau...
International Hotel Chains Have Added Over 600 Rooms in Romania in Past Two Years
The biggest international hotel brands have more than 8,600 rooms in Romania, with more than 600 rooms becoming available in the last two years up to October 2019, ZF has found from market d...
Apex Alliance Opens First Courtyard by Marriott Hotel In Romania, After EUR22.5M Investment
Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, has opened the first Marriott hotel in Romania un...
Four-Star Capital Plaza Hotel In Bucharest Eyes 10% Higher Turnover In 2019, Of EUR3.1M
Four-star Capital Plaza Hotel, opened in 2009 in the vicinity of Victoriei Square and held by Romanian entrepreneurs, ended 2018 with a turnover of EUR2.8 million, up 10% compared with 2017,...
Romania Ranks Last in Region by Number of Hotel Rooms
Romania had more than 29,000 hotel rooms under various independent and international chain affiliated brands, three times fewer than Poland and half the number in Bulgaria and Czech Republic...