HOTEL
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Derelict Old Town Building Gets EUR12m Makeover Into Luxury Hotel
Lithuanian-held developer Europa Group has completed a EUR12 million investment in Europa Royale, a luxury hotel in the Unirii area of Bucharest (center of the city).
Enache, Continental Hotels: I Can’t Start Building Without Predictability
The leu's depreciation, the local elections and European crisis have caused stagnation of revenue for the Continental Hotels chain in the first half of 2012, says majority shareholder Radu E...
New Five-Star Hotel Opens To Compete On Bucharest's EUR30M Event And Catering Service Market
The Antonescu family, which owns travel agency Marshal Turism, has invested EUR5 million into the latest five-star hotel in Bucharest, which it inaugurated on Calea Dorobantilor (central Buc...
Gica Popescu Hopes To Recoup Investment In Courtyard Marriott Hotel Within Ten Years From Opening
Former football player Gica Popescu says his “guarantee” that the Courtyard Marriott hotel project will go through is that his partner is Marriott.
Gica Popescu To Invest EUR20M In Romania’s First Courtyard Marriott Hotel
Romanian hotel developer Gica Popescu Hotels and hotel chain Marriott International have recently concluded a partnership whereby the former will build, develop and operate the first hotel i...
Novotel Seeks To Boost Number Of Events Hosted, Build Three More Conference Rooms
French executive Stephane Barbazan, the new manager of four-star hotel Novotel on Calea Victoriei in downtown Bucharest says in his first interview with the media that one of the main avenue...
Crowne Plaza Bucharest Hotel Trades One Star For Medical Conventions
The five-star Crowne Plaza Hotel in Bucharest, owned by businessman George Copos, applied for a downgrade to four stars, which will allow it to host events organized by pharmaceutical compan...
Europa League Final Expected To Generate EUR30M Revenue For Hotels, Bars, Cab Drivers And Museums In Bucharest
A number of 10,600 rooms in hotels, 11,000 cab drivers, more than 100 restaurants and bars in the old center of Bucharest, museums and dozens of travel agencies bringing foreign soccer fans...
Gabriel Popoviciu Turns Over His Businesses’ Management To Young Executives. Who Are They?
Gabriel Popoviciu, one of the most powerful and also lowest-profile businessmen in Bucharest, turned over the operational management to young executives. Most of them are Romanians and make...