“This season looks set to be better than last year, when we were close to the 2019 level, with only a few percentage points behind. We ended the year with EUR3 million revenue and had an average occupancy rate of 88% during the season. On May 1, the hotel was almost full,” Paul Marasoiu, general manager of the hotel told ZF.
Zenith Hotel stays open the entire year and gets 30% of its revenue from the corporate segment, Marasoiu added.
“Pharmaceutical, banking and insurance companies organize conferences here.”
The four-star Zenith – Top Country Line – Conference&Spa (formerly Golden Tulip and Fantasy Beach) hotel is located in the north of the Mamaia resort and is one of the biggest accommodation facilities on the Romanian seaside with its 290 rooms.
Investment fund Reconstruction Capital II (RCII) owns 63% in Zenith, operated by Mamaia Resort Hotels. The owners of the remaining 37% are Antares Management and Stefania Nicoleta Becsenescu, according to the Confidas platform.
(English version by Loredana Fratila-Cristescu)