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HOTEL

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Urban Invest Earmarks EUR25M for First AC Marriott Hotel In Romania
Real Estate

Urban Invest Earmarks EUR25M for First AC Marriott Hotel In Romania

Urban Invest, the developer of the Urban Plaza mixed-use project in Brasov, will invest EUR25 million in building the first hotel to operate under the AC Marriott brand in Romania.

Loredana Frățilă-Cristescu · 26.10.2022 · 21:23 · 1 min
Daniel Ben-Yehuda, Sheraton: Bucharest Needs More Five-Star Hotels
Companies

Daniel Ben-Yehuda, Sheraton: Bucharest Needs More Five-Star Hotels

A new five-star hotel is planned to be built on a lot right near the Sheraton in Bucharest and is now awaiting the necessary permits, says Daniel Ben-Yehuda, who runs the five-star Sheraton...

Loredana Frățilă-Cristescu · 25.10.2022 · 00:00 · 1 min
EUR6M Project to Build Sports Grounds and Hotel Set to Be Launched in Cluj
Companies

EUR6M Project to Build Sports Grounds and Hotel Set to Be Launched in Cluj

A project worth EUR6 million, due to include several sports grounds, swimming pools, event halls and a hotel, is set to be launched in Feleacu locality, Cluj county.

Miruna Diaconu · 24.10.2022 · 09:45 · 1 min
SIF Banat-Crisana Increases Stake in Compania Hoteliera Intercontinental Romania
Capital Market

SIF Banat-Crisana Increases Stake in Compania Hoteliera Intercontinental Romania

Regional investment fund SIF Banat-Crisana (SIF1.RO) has increased its stake in Compania Hoteliera Intercontinental Romania, which owns the Grand Hotel Bucharest formerly Intercontinental, f...

Loredana Frățilă-Cristescu · 26.07.2022 · 19:04 · 1 min
Nordis Group Sees RON123.7M Sales in H1
Real Estate

Nordis Group Sees RON123.7M Sales in H1

Nordis Group, a real estate developer of premium hotel and residential complexes, posted sales of RON123.7 million in the first half, as a result of the sale of 255 apartments in its four pr...

Loredana Frățilă-Cristescu · 21.07.2022 · 13:03 · 1 min
Athénée Palace Hotel in Bucharest Switches from Hilton to Intercontinental
Companies

Athénée Palace Hotel in Bucharest Switches from Hilton to Intercontinental

Ana Hotels, a company owned by businessman George Copos, has signed a new management contract for the Athénée Palace hotel in central Bucharest, which will come under the InterContinental br...

Loredana Frățilă-Cristescu · 20.07.2022 · 20:03 · 1 min
Four-Star Nyota Hotel of Mamaia Projects 10% Turnover Growth in 2022
Companies

Four-Star Nyota Hotel of Mamaia Projects 10% Turnover Growth in 2022

Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year.

Mirabela Tiron · 23.06.2022 · 09:51 · 1 min
Iaki Hotel 2021 Turnover Up 31% To RON17.2M YOY
Companies

Iaki Hotel 2021 Turnover Up 31% To RON17.2M YOY

The 4-star Iaki hotel in Romania’s seaside resort Mamaia, owned by former soccer international Gheorghe Hagi, posted RON17.2 million turnover last year, up 31% from 2020.

Mirabela Tiron · 21.06.2022 · 10:03 · 1 min
City Grill Set to Open Hotel Near Bucharest’s Old Town in July
Companies

City Grill Set to Open Hotel Near Bucharest’s Old Town in July

City Grill group, controlled by businessman Dragos Petrescu, is adding the first hotel to its portfolio. The hotel is due to be opened on July 1st in the historic building that hosts Hanu Be...

Miruna Diaconu · 16.06.2022 · 09:55 · 1 min