TOURISM
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First Tourism Forecasts For 2012: Top Agencies Expect 5% Sales Hike
Four of the largest travel agencies on the Romanian market, Happy Tour, Perfect Tour, Aerotravel, and Paralela 45 expect 2012 not to be a very “comfortable” year and are drawing up cautious...
BCR: Romania Needs To Attract Investments In Tourism, Fix Roads, Improve Quality Of Services
Poor quality of services and infrastructure affect Romania’s ability to make more money off tourism, and the country needs to attract more foreign investments in this sector, as well as know...
Entrepreneur Sees 113% Growth In Revenue From His Tourism Business
Romanian entrepreneur Claudiu Aron and his wife run the Alpin tourism complex in Poiana Brasov, a business that that has grown 113.7% in the last three years to 69.7 million lei (EUR16.1 mil...
Lufthansa's Winter Strategy: Bring Foreign Tourists To Romania
Lufthansa, one of the world's top ten airlines by number of passengers, has announced that Romania was the European market with the largest percentage increase in passenger traffic this year...
Tourists Refunded In 15 Days In Case Of Tour Operator Bankruptcy - Bill
Romanian tourism association ANAT will propose a bill whereby tourists must be refunded within 15 days in case of the tour operator's bankruptcy.
Romanian Tourism, Finance Ministries In Talks To Lower VAT To 9% For Tourist Services
Romania’s Regional Development and Tourism Ministry is in talks with the Finance Ministry to lower value added tax for tourism services to 9%, Tourism Minister Elena Udrea said Tuesday.
Romania Tourism Revenue Down 10% In Summer '11, Despite Activity Hike
Corina Martin, head of the Romanian Tourism Agency Association and of the "Litoral-Delta Dunarii" Association, said Thursday that hotel revenues were 10% lower this summer compared to last y...
Udrea: Higher Taxes For Hotels Kept Closed, Lower Taxes For Ones Open Longer Than Six Months
Romanian hotels and inns kept closed will pay 5% higher taxes, by decision of the local councils, but owners of accommodation units kept open for more than six months per year will only pay...
Udrea: Government Considers Reducing VAT On Tourism Industry Food To 9%
Romania’s Tourism Minister Elena Udrea said Thursday the Government considers reducing to 9% the value added tax on foods served in tourism industry units.