HOTELS
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THR Marea Neagra Set To Sell Hotels And Land Plots In Three Seaside Resorts For At Least EUR15M
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in Romanian seaside resorts, plans to sell two hotels and two plots of land on the local sea...
Romania Set to Add Seven Hotels Under International Brands in 2024
The local hotel market will ad seven new hotels under international brands this year, with around 650 rooms overall.
Brasov Set to Add 600 Hotel Rooms under International Brands in Next 3 Years
Brasov will in the coming years add four hotels with a total of 600 rooms, due to be opened under international brands AC Marriott, Double Tree by Hilton and ibis Styles.
Federation of Hoteliers in Romania Expects Hotel Market to Rebound to 2019 Level in 2023
Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures.
One United Properties Focuses on Offices, Commercial and Housing Areas; Wants to Expand on Hotel Segment
One United Properties is now focusing on developments in the office, commercial and housing segments, but also plans to expand on the hotel one, says Victor Capitanu, co-founder and co-CEO o...
THR Marea Neagra Signs Leasing Contracts for Three Hotels
THR Marea Neagra, controlled by Transilvania Investments, announces it has signed leasing contracts for three assets part of its portfolio.
THR Marea Neagra Puts Six Seaside Hotels for Sale, Six for Rent
THR Marea Neagra, controlled by Transilvania Investments, is putting up six hotels for sale and another six for rent, meaning that after tenders are completed the company will have no hotels...
Number of Four-Star Hotels Doubles in Ten Years in Romania
In 2021, the number of four-star units stood at 394, in line with National Statistics Board data. The considerable increase is mainly due to investors’ rising appetite for this field.
Romania’s Hotel Market Set to Add Almost 20 Four and Five-Star Units by Late 2023
Romania’s hotel market is expanding further and by 2023, 18 new hotels will be opened in Bucharest and countrywide, in line with the Real Estate “Romanian Hotel Market” report by Crosspoint...