TOURISM
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SIF Transilvania Fires Managers Brought To Restructure Tourism Division
Regional investment fund SIF Transilvania has dropped plans to restructure its tourism portfolio and has fired the managers it hired just three months ago and who had drafted a three-year ac...
1Q In Review: Ten Most Important Events In Tourism Business
Tourism, a sector with almost 7,000 hotel companies that generate 4 billion lei (almost EUR1 billion) revenue a year, saw the government deciding to cut the value added tax to 9% for accommo...
Tourist Arrivals In Romania Up 9.1% On Year In February
Arrivals at Romanian tourism accommodation establishments rose 9.1% in February from the year-earlier month, while overnight staying increased 12.7% on the year, data from the statistics ins...
Burcea, Paralela 45: We Need A Clear Strategy To Lure Foreign Tourists
Romania needs a clear strategy to attract foreign tourists and needs to promote a niche segment abroad in the context where its seaside is not an attractive destination because of the prices...
Tourist Arrivals In Romania Up 17% On Year In January
Arrivals at Romanian tourism accommodation establishments rose 17.1% in January from the year-ago month, while overnight staying increased 17.7% on the year, data from the statistics institu...
Tourist Arrivals In Romania Up 6.6% In 2014
Arrivals at Romanian tourism accommodation establishments rose 6.6% in 2014 compared with the previous year, while overnight staying increased 4.8% on the year, data from the statistics inst...
Government Approves 9% VAT On Tourism Services
Romania's Governments approved Wednesday a VAST rate of 9% instead of 24% for tourist accommodation services.
Bega Turism Targets 20% Higher Revenue In 2015; Set To Open Spa Center In Timisoara Hotel
Businessman Marius Cristescu, who controls, together with his brother, Emil Cristescu, Bega Turism company, the largest tourism company in Timis county, managing three hotels in this area, s...
Tourist Arrivals In Romania Up 5.4% On Year In November
Arrivals at Romanian tourism accommodation establishments rose 5.4% in November from the year-earlier month, but overnight staying decreased 1.6% on the year, data from the statistics instit...