The market has expanded also amid the emergence of a rising number of four-star hotels. While in 2000 Romania had just 14 four-star hotels, their number reached 430 in 2024. Many international hotel brands have entered this segment and many entrepreneurs have bet on it.
In the case of five-star hotels, the market has some catching up to do though it has registered high growth these years. The number of five-star hotels has risen from just three units in 2000 to 47.
The local hotel market has become a point of interest for major international hotel brands, which either enter it for the first time, or add new brands to their portfolio.
(English version by Catalina Apostoiu)