“Marmorosch Bucharest hotel overshot the budget and had an 80% occupancy rate. Since March, the hotels have operated with occupancy rates of above 80%. In the first half of this year we reached 85% of 1H/2019 achievements. Figures have topped estimates,” Igor Onuta, the representative of Apex Alliance in Romania, told ZF.
Apex has invested almost EUR120 million so far in the hotels it owns.
(English version by Catalina Apostoiu)