SHERATON
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Tatika Investments Limited Buys 25% In Grand Plaza Hotel (Sheraton Hotel), Now Owns 100% In It
Tatika Investments Limited, a company registered in Cyprus, has acquired full control of Grand Plaza Hotel S.A. in Bucharest after buying the 25% stake held by Tresela Investments Limited, according to a decision unanimously adopted by the Extraordinary Genera...
Five-Star Sheraton Hotel In Bucharest Starts EUR6M Remodeling Investment
Five-star Sheraton Hotel in Bucharest, one of the largest, with 270 rooms and 11 conference rooms, has begun remodeling its rooms, a total investment of EUR6 million.
Bucharest Sheraton Hotel Increases Turnover by 10% in H1/2025
The five-star Sheraton hotel of Bucharest saw its turnover rise by 10% in the first half of this year and expects a similar advance by yearend, according to its officials.
Five-Star Sheraton Hotel In Bucharest Ends 2023 With 21% Growth, Upbeat About 2024 After H1 Performance
Grand Plaza Hotel, which manages the five-star Sheraton Hotel in Bucharest, ended last year with RON52.8 million revenue, an increase of 21% on the previous year and RON1 million net profit,...
Sheraton Hotel In Bucharest Expects Revenue To Increase 10% To 15% In 2024
The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close to the 2019 level, a reference year in tour...
Bucharest’s 5-Star Hotel Sheraton Hits 60-70% Occupancy Rate, over 10% Turnover Growth in 1H/2023
Bucharest’s 5-star hotel Sheraton in the first half of this year posted an average occupancy rate of between 60 and 70% and over 10% turnover growth amid rising accommodation tariffs.
Bucharest’s 5-Star Hotel Sheraton Aims to Hit 2019 Turnover Level in 2023
Daniel Ben-Yehuda, the head of Bucharest’s five-star hotel Sheraton and of Parc Hotel compound, says the five-star unit wants to reach the 2019 figures this year.
Grand Plaza Hotel Company Turnover Plunges 80% YoY To RON12M In 2020
Grand Plaza Hotel company, which controls Bucharest’s Sheraton hotel, in 2020 saw turnover slump by 80% to RON 12 million, from RON61 million in 2019, in line with Finance Ministry data.
Sheraton Hotel Operator Revenue Down 80% in 2020
Grand Plaza Hotel, the operator of the Sheraton Hotel in Bucharest, posted 80% decline in revenue to merely RON12 million in 2020, compared with RON61 million in 2019, Finance Ministry data...