HOTEL
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Investors Bet Tens Of Millions Of Euros On Romanian Seaside
Hotel operators increased capacity on the Romanian seaside by more than 1,600 new bed places in the past year, following tens of millions of euros in investments.
Intercontinental: Romania Needs Better Promotion Abroad For Major International Players To Consider Investment
Five-star Intercontinental Hotel in Bucharest, one of the biggest hotel companies in the country, operated with 80% occupancy rate last year, higher than in 2016.
Top Ten Real Estate Deals In Romania Amount To Almost EUR1.4B
The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments.
Radisson Blu: We Think 2018 Will Be Very Good For Our Business
Radisson Blu and Park Inn By Radisson hotel complex on Calea Victoriei in Bucharest, expects revenue to go up in 2018, driven by the greater demand for accommodation services from business a...
Continental Hotels Expects Single-Digit Growth In 2018
Continental hotel chain, one of the largest in Romania, with almost 2,000 rooms and controlled by entrepreneur Radu Enache, ended last year with EUR26 million to EUR27 million revenue and ex...
Hotel Chain Radisson Blu To Open In Timisoara Its Fourth Hotel In Romania Under This Brand
Hotel chain Radisson Blu will be opening in western city of Timisoara its fourth hotel in Romania under this brand, after the two hotels opened in capital Bucharest and the one to be inaugur...
Sheraton Hotel Bucharest Revenue Up 20% In 2017
Five-star Sheraton Hotel near Piata Romana in downtown Bucharest ended 2017 with 20% higher revenue, about EUR12 million, according to its officials and ZF’s calculations. The management exp...
Europa Royale Hotel: We’ll Have Best December Since Opening
Europa Royale Hotel in Bucharest’s Old Town held by Lithuania’s Europa Group already has 60% of its rooms booked for December and demand from foreign tourists is on the rise.
ANA Hotels Expects 6% Higher Revenue In 2017
ANA Hotels, which operates the Athenee Palace Hilton and Crowne Plaza hotels in Bucharest, as well as three mountain resort hotels and two hotels on the seaside (one of which rented), will e...