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HOTELS

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Analysis

Hotels In Romania Accommodated 950,000 Foreigners In January-July

Hotels attracted 90% of the foreigners who got accommodation in touristic units in the first seven months of this year, namely 950,000 visitors from abroad, reveals a ZF survey based on Nati...

Catalina Apostoiu · 02.10.2014 · 07:38 · 1 min
Hotels Controlled By SIF Transilvania Saw Losses Widen Ten Times Last Year
Companies

Hotels Controlled By SIF Transilvania Saw Losses Widen Ten Times Last Year

The hotel companies controlled by SIF Transilvania (SIF3.RO) and traded on the Bucharest Stock Exchange in 2013 registered overall losses standing at 5 million lei (EUR1.13 million), ten tim...

Catalina Apostoiu · 17.09.2014 · 00:00 · 1 min
Bucharest’s Howard Johnson Hotel Sees Revenue Go Up 10% In 1H
Companies

Bucharest’s Howard Johnson Hotel Sees Revenue Go Up 10% In 1H

Bucharest’s four-star hotel Howard Johnson, with a capacity of 285 rooms, ended the first six months of this year with 10% higher revenue against last year amid the rising demand for accommo...

Catalina Apostoiu · 05.09.2014 · 00:00 · 1 min
Strabag’s Plans For Bucharest’s JW Marriott 5-Star Hotel
Companies

Strabag’s Plans For Bucharest’s JW Marriott 5-Star Hotel

Gregor Aufhauser, the general manager of Societatea Companiilor Hoteliere (SCH) Grand, which manages Bucharest’s five-star hotel JW Marriott, says he’s carrying out the project for the refur...

Catalina Apostoiu · 05.09.2014 · 00:00 · 1 min
Over 40 Hotels In Romanian Seaside Resorts Put Up For Sale
Real Estate

Over 40 Hotels In Romanian Seaside Resorts Put Up For Sale

Over 40 hotels and other accommodation units in Romanian seaside resorts are put up for sale at prices between EUR70,000 and EUR30 million, according to spatiicomerciale.ro, launched by imob...

Gabriela Stan · 16.07.2014 · 17:27 · 1 min
Continental Hotels In Line With Budget After 10% Growth In 1Q
Companies

Continental Hotels In Line With Budget After 10% Growth In 1Q

Continental Hotels, one of the biggest hotel chains in Romania, stayed in line with the forecasts in the first three months, as its revenue went up 10%, the growth pace predicted for the ent...

Catalina Apostoiu · 20.05.2014 · 00:00 · 1 min
JW Marriott 1Q Revenue Falls In Line With Expectations
Companies

JW Marriott 1Q Revenue Falls In Line With Expectations

Bucharest’s five-star hotel JW Marriott, the second largest luxury hotel by number of rooms, ended the first quarter of this year with flat revenue against the same period of 2013, according...

Catalina Apostoiu · 01.05.2014 · 22:41 · 1 min
Group Of Turkish Investors Set To Build Luxury Hotel In Poiana Brasov
Companies

Group Of Turkish Investors Set To Build Luxury Hotel In Poiana Brasov

Poiana Alba Turism company, controlled by the stakeholders of bakery producer Farinsan Giurgiu, will start, in June, building a 5-star Ark hotel in Poiana Mica (at the Poiana Brasov entryway...

Catalina Apostoiu · 10.04.2014 · 00:00 · 1 min
BRD Seeks Buyers For Two Hotels
Banks-Insurance

BRD Seeks Buyers For Two Hotels

BRD is foreclosing on one of the largest hotels of Azuga, Cautis, and the starting price of the four-star unit stands at 12.8 million lei (EUR2.9 million).

Catalina Apostoiu · 03.04.2014 · 14:31 · 1 min