TOURISM
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Major Travel Agencies In Romania Expect Up To 20% Higher Revenue In 2015
Romania’s largest travel agencies forecast revenue increases of 4% to 20% for 2015, according to company officials.
2014 In Review: Ten Most Important Events In Tourism Business
The Romanian tourism industry saw minimal investment in infrastructure in 2014, even though the ski resorts and spa towns would badly need upgrades to become attractive to foreign tourists.
Romania To Lower VAT On All-Inclusive Tourist Packages To 9% From 24%
The sales tax will be lowered from 24% to 9% for all-inclusive touristy packages, Prime Minister Victor Ponta said Tuesday after talks with IMF and EU officials.
Tourist Arrivals In Romania Up 9.9% On Year In October
Arrivals at Romanian tourism accommodation establishments rose 9.9% in October from the year-earlier month, while overnight staying increased 2.5% on the year, data from the statistics insti...
Tourist Arrivals In Romania Up 10.8% On Year In September
Arrivals at Romanian tourism accommodation establishments rose 10.8% in September from the year-earlier month, while overnight staying increased 5.4% on the year, data from the statistics in...
Cristescu Brothers See Better Than Expected Results From Tourism Business
Tourism business results are better than expected, having beat the 15% growth forecast, says businessman Marius Cristescu, who owns Bega Turism company together with his brother Emil Cristes...
Tourist Arrivals In Romania Up 8.2% On Year In August
Arrivals at Romanian tourism accommodation establishments rose 8.2% in August from the year-earlier month, while overnight staying increased 5.5% on the year, data from the statistics instit...
Hotels Could Benefit From Lower Profit Taxes And Social Security Contributions
Hotel businesses could benefit from several tax incentives, including a lower tax on profit and lower social security contributions, and could get state guarantees for investment loans, acco...
Tourist Arrivals In Romania Up 4% On Year In July
Arrivals at Romanian tourism accommodation establishments rose 3.7% in July from the year-earlier month, while overnight staying increased 4.1% on the year, data from the statistics institut...