OCCUPANCY RATE
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Garden Inn Bucharest Airport Hotel Hit 70% Occupancy Rate in July
Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months.
Courtyard Hotel in Bucharest Ends 2020 with 25% of Forecast Occupancy Rate
Courtyard Bucharest Floreasca by Marriott Hotel, which opened in northern Bucharest in 2019, ended last year with a quarter of the occupancy rate owner Lithuania’s Apex Alliance had estimate...
Survey: Hotels In Romania Expect Average Occupancy Rate Of 31% In 2021 Versus 24% In 2020
Hotel operators in Romania expect an annual average occupancy rate of 31% in 2021, compared with 24% in 2020, when the market saw an average decline in profit of 73% for January-October, per...
First Office Building Of AFI Tech Park Project Reaches Nearly 25% Occupancy Rate
Israeli developer AFI Europe, which holds shopping mall AFI Cotroceni in capital Bucharest, has signed a lease contract for an additional 2,000 square meters within the first building of off...
New Residence Project, Developed By British Investment Fund, Reaches 80% Occupancy Rate
Bucharest0based residential compound New Residence, built by investment fund British Romanian Investment Partnership (BRIP) and completed in October 2017, has reached an occupancy rate of 80...
Intercontinental Hotel Boosts Turnover By 6% To EUR6.3M In 1H/2017
Intercontinental hotel registered an occupancy rate of 80% and a 6% higher turnover of EUR6.3 million in the first half of 2017, according to Lior Berbera, the German who took over the manag...
Liberty Center Reaches Occupancy Rate Of Over 70%, Announces New Store Openings
The occupancy rate of shopping center Liberty Center exceeded 70% in the last six months after attracting new tenants for 18% of the center’s surface area and is expected to be over 80% occu...
Occupancy Rate Of Shopping Centers Winmarkt At 96.1% In 2016, The Highest Level Ever
Winmarkt group, the local division of Italian group Immobiliare Grande Distribuzione (IGD), which administers 14 shopping centers located in medium towns, reached an occupancy rate of 96.1%...
Shopping Mall Sun Plaza Had Sales Of Over EUR200M In 2016, Occupancy Rate Of 100%
Some 14 million people visited shopping mall Sun Plaza in 2016, located in Bucharest’s Sudului Square, a record high in the history of the mall opened in 2010.