Sites monitored at the beginning of this year were not all started in 2022. A quarter of monitored sites involve investments of above RON4 million, with the rest taking in investment of between RON1-4 million (115) and of below RON1 million (96).
By counties, the biggest number of sites are underway in Constanta, with Bihor coming second. Bucharest has just seven sites, with many of them being for large hotels.
While the pandemic has seriously hurt this field, investments have gained momentum during this period, and investors have focused on various refurbishment works.
Despite the challenges faced by the hotel market, investments continues, with a series of projects due to be opened in the coming years in cities such as Brasov, Bucharest, Craiova, Oradea, Sibiu, Sinaia or Slatina.
(English version by Catalina Apostoiu)