TOURISM
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Start of 2022 Already Brings 277 Accommodation Unit Construction Sites
2022 started with a positive signal for the hotel sector, with 277 accommodation unit construction sites being already underway by February 14, in line with data provided by IBC Focus, which...
Romania’s Tourism Sector Hit $1.1B Revenues in 2021
Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owner...
Businessman Mohammad Murad Eyes Massive Investments In 2022
Businessman Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, envisages investments of tens of millions of euros in tourism in 2022.
Romania’s Tourism Lost 4 Million Tourists in 2021 against 2019
Romania’s tourism in January-November 2021 lost around 4 million tourists compared with the same months of 2019.
Foreign Tourists Spent Over EUR2B on Holidays in Romania in Jan-Oct 2021, Above 2018 Level
Foreign tourists who came on holiday in Romania in January-October 2021 spent around EUR2 billion, in line with data provided by the National Bank of Romania.
Alpin 2003 Set to End 2021 with 15% Higher Turnover
Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, is set to post around 15% higher tu...
Briza Marii Negre Owners Build Second Seaside Hotel, Set to Invest EUR2.5M in Health Recovery Clinic
The owners of Briza Marii Negre, one of the biggest travel companies on the Romanian seaside, which operates MirageMedSpa hotel of Eforie Nord, as well as four restaurants, have built a seco...
Continental Hotels Chain Average Occupancy Rate Down to 49%
Continental Hotels chain, one of the largest in Romania, with almost 2,000 rooms, has operated at a 49% average occupancy rate so far, compared with 72% in 2019, its best year ever, the chai...
One in Ten Tourism Employees Exited Sector in 2020
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.