The hotel’s occupancy rate rose from 31.9% in 2021 to 19% in 2020, but is still way below the pre-pandemic level.
Investments in the hotel’s renovation, set to be concluded in 2024, amount to EUR21 million.
Intercontinental five-star hotel is the first five-star hotel that was built in Romania, having 22 floors and an almost 90-metre height.
(English version by Catalina Apostoiu)