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HOTEL

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Social/Politics

Romania Sells Mamaia Hotel Complex For EUR2.5M

Romania's Tourism Ministry has sold the "Mamaia" five-star hotel complex in Mamaia to Silviu Iordache, a natural person from Bucharest, for EUR2.48 million.

Radu Bostan · 06.10.2011 · 15:15 · 1 min
Copos Completes EUR11 Million Investment In Sportul Hotel In Poiana Brasov
Retail&Consumer

Copos Completes EUR11 Million Investment In Sportul Hotel In Poiana Brasov

George Copos, one of the largest hotel owners on the Romanian market, has completed a EUR11 million investment in modernizing Sportul Hotel in Poiana Brasov resort in central Romania with th...

Mirabela Tiron · 06.10.2011 · 00:00 · 1 min
Udrea Wants To Sell State-Owned Hotels
Companies

Udrea Wants To Sell State-Owned Hotels

Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony...

Radu Bostan · 13.09.2011 · 14:21 · 1 min
Social/Politics

Number Of Tourists On Romanian Black Sea Coast Up 10% In 2011

The number of tourists who spent their holiday on the Romanian Black Sea coast increased by 10% this year compared to 2010, Corina Martin, president of the National Association of Tour Opera...

Ioana Tudor · 13.09.2011 · 14:13 · 1 min
Enache, Continental Hotels: We Will Build Ten 2-Star Hotels, Sell Plots
Companies

Enache, Continental Hotels: We Will Build Ten 2-Star Hotels, Sell Plots

Radu Enache, majority shareholder of the Continental Hotels chain, in which Spanish investment fund GED has recently bought a 30% stake, says he has had several meetings with the fund’s offi...

Mirabela Tiron · 13.09.2011 · 00:00 · 1 min
Companies

Turism Felix Invests EUR20M In Five-Star Spa Hotel

Hotel operator Turism Felix (TUFE.RO) on Wednesday said it will invest EUR20 million in Romania’s first five-star spa hotel, which will be launched at the end of next year.

Andrei Cîrchelan · 07.09.2011 · 16:07 · 1 min
Visoiu Set To Open Four-Star Ramada Hotel In Pitesti In September
Real Estate

Visoiu Set To Open Four-Star Ramada Hotel In Pitesti In September

Businessman Valentin Visoiu, who has developed over 1,000 housing units in Bucharest through Conarg Construct, will open the four-star Ramada hotel in Pitesti, a EUR20-million investment car...

Mirabela Tiron · 23.08.2011 · 00:00 · 1 min
Hilton Remains Copos’ Best Hotel, Despite Revenue Drop
Companies

Hilton Remains Copos’ Best Hotel, Despite Revenue Drop

Bucharest’s Athenee Palace Hilton five-star hotel, owned by businessman George Copos, ended the first half of this year with 3% lower revenue from last year, operating at an average occupanc...

Mirabela Tiron · 02.08.2011 · 00:00 · 1 min
Tourism Ministry Pits Official Data Against Industry Complaints
Social/Politics

Tourism Ministry Pits Official Data Against Industry Complaints

Romania's hotel occupancy rate increased 13% in the first quarter of the year, according to official data, said Tourism Ministry official Paul Marasoiu on Thursday, contesting the industry's...

Radu Bostan · 26.05.2011 · 14:34 · 1 min