According to him, Romania is a country with a high potential and the group expects to add at least three hotels to its portfolio. Beside Bucharest opportunities, the group is seeking to expand to key regional cities.
He did not mention what the third hotel would be, but Ghinea family, which controls Arad-based Arsat group, in 2022 announced a mixed-use real estate project that would include the first Autograph Collection by Marriott hotel outside Bucharest.
Asked whether a hotel under Ritz-Carlton brand could be opened in Romania, Kissev said the group is permanently seeking opportunities to invest and grow, without specifying whether the local market would be suitable for the concept.
(English version by Catalina Apostoiu)