The investment value has not been disclosed.
The ibis Styles Bucharest Airport hotel, affiliated to the Accor chain, is developed by Liwa Properties, a subsidiary of ABS Holdings. The new hotel will have 85 rooms, a bar, a restaurant and private parking.
Accor hotel chain will be opening in the last quarter of 2022 the Mercure Cubix hotel in Brasov which has been renovated and whose opening was initially announced in 2021.
Overall, Accor hotel chain announces 300 new hotel openings globally in 2022.