04.30.2025

Alpin 2003, which manages the Alpin Resort Hotel complex, one of the largest in the Poiana Brasov resort, ended 2024 with RON73 million revenue, up just 5% on 2023, Finance Ministry data show. more

04.24.2025

Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and occupancy rate, while the daily average tariff exceeded the more

03.21.2025

2024 was the best year for the five-star Epoque Hotel Relais & Châteaux, with the hotel registering a 7% revenue increase against 2023 on the hotel activity segment, to RON14.5 million. more

03.19.2025

Corinthia Grand Hotel du Boulevard, located in central Bucharest, is set to open its doors starting March 24, 2025. more

03.18.2025

Turism, Hoteluri, Restaurante (THR) Marea Neagra (EFO.RO) held by Transilvania investments Alliance, on Tuesday notified the Bucharest Stock Exchange it had sold the Balada hotel complex in Saturn, more

03.06.2025

Romania’s hotel market is undergoing a period of fast growth, reaching a 30-year high of over 25 overnight stays in 2024, supported by a rising number of foreign tourists and high demand for modern more

02.24.2025

Romania hotel market has doubled its size in the past 25 years, from 811 hotels in 2000, to 1,600 hotels in 2024, in line with the country’s statistics board INS. more

01.28.2025

Marian Alecu, the entrepreneur who started the McDonald’s network in Romania, is preparing two new investments in hotels, one in Sibiu and the other in the refurbishment of the Banat Hotel in more

01.21.2025

Grand Hotel Italia, the five-star hotel of Cluj part of Italian chain Select Hotels Group, expects 5-10% higher turnover this year, after nearing the RON40 million turnover threshold last year. more

01.20.2025

Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains. more

01.08.2025

Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives said on ZF more

12.24.2024

The Board of Directors of Romanian company Turism Felix (stock symbol: TUFE), which manages five hotels in Baile Felix resort of Bihor county, has approved the conclusion of a franchise contract with more

12.20.2024

Nusco, one of the leading and most active real estate market players, has sealed the partnership via which Hyatt will open its first hotel unit in Bucharest, in one of Romania’s largest urban more

11.25.2024

Feper (FEP.RO), a manufacturer of industrial equipment, which also has hotel operations, on Monday notified the Bucharest Stock Exchange of having sold Complexul Hotelier Orizont in Predeal at auction more

11.15.2024

THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period more

10.30.2024

Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF. more

10.04.2024

Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of 2024 with net profit of RON5.3 million, slightly more

09.25.2024

German luxury sportswear brand Bogner, present in over 50 countries, is expanding to Romania by opening its first store in The Grand Avenue shopping gallery located on the ground floor of JW Marriott more

08.22.2024

Bucharest will during the 2024-2026 period register the strongest increase in new hotel spaces among CEE capital cities, with an advance of around 5.8%, meaning another 2,400 rooms will be delivered, more

08.22.2024

The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects more

08.09.2024

Alternative investment fund Lion Capital (stock symbol: LION) acquired a package of 83.35 million shares in Grand Hotel Bucharest (RCHI) on July 31, representing 10% of the share capital of the more

08.07.2024

Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of EUR41.3 million, nearly double compared to 2019 and 46% more

08.06.2024

Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 3% in the first half of this year from the year-earlier period, in line with its budget. more

08.02.2024

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the start of construction for the Mondrian Hotel in more

07.31.2024

On Wednesday, July 31, 204, a special transaction with 10% of the share capital of Grand Hotel Bucharest (stock symbol: RCHI) was registered in the Bucharest Stock Exchange system, as per stock market more