HOTEL
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Top Five Hotels In Mamaia Seaside Resort Generate RON55M Revenue
The five most important hotels in Mamaia by revenue of the companies that operate them posted 55 million lei (EUR12.4 million) revenue last year, an increase of 6% on 2012.
20 Largest Hotel Owners Account For 30% Of Romanian Market
The 20 largest hotel owners in Romania account for one third of the local hospitality market, estimated at 3.35 billion lei (EUR750 million) and largely dominated by four and five-star hotel...
Businessman To Build EUR100M Vacation Condo Project And 5-Star Hotel On Black Sea Coast
A Turkish businessman plans to build a EUR100 million compound of 900 apartments, a five-star hotel, restaurants, bars, clubs, pools and sports courts on a 35,000-square-meter plot in 23 Aug...
Accor To Open First Mercure Hotel In Romania This Fall
French hotel group Accor expands its presence on the Romanian market with a new brand, Mercure, by opening a hotel in downtown Bucharest this autumn.
Only 3.2% Of Romania’s Hotel Rooms Are Rated Five Stars
Only 3.2% of the rooms in the hotels in Romania are rated five stars, half of which are in Bucharest, according to a ZF analysis based on the data supplied by the Tourism Ministry. Many big...
Hilton To Open Hampton Hotel In NE Romania
Hilton Worldwide Thursday said it reached an agreement to open its first hotel in northeastern city of Iasi, reaching a total 12 units which already operate or are under development in Roman...
Bucharest Hotels Still Looking For Buyers
Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any...
Poiana Brasov Hotels Bring Rising Revenue To George Copos
The three hotels owned by businessman George Copos in Romanian ski resort Poiana Brasov last year generated overall revenue of EUR3.65 million, up 9% year-on-year.
Pullman Bucharest Hotel To Be Put Up For Sale In January For EUR20M
Four-star hotel Pullman Bucharest (former Sofitel) will be put up for sale in January for EUR20 million to cover a part of the debts registered by its owner, insolvent World Trade Center Buc...