Results 51 - 75 from 316 for "hotel"
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Balvanyos Resort Owners Buy Bucharest’s K+K Elisabeta Hotel
03.23.2023
Lorand and Zsuzsanna Szarvadi, the owners of Balvanyos Resort & Spa of Covasna, have acquired Bucharest’s K+K Elisabeta hotel and are set to relaunch it under the newly-founded hotel brand Peakture, more
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Bega Turism Expects 25% Growth in Revenue in 2023
03.15.2023
Timisoara is becoming a weekend destination now that it is European capital of culture this year, and organizes events on weekends, which is a big plus for tourism, says entrepreneur Marius Cristescu, more
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Romania Hotel Market Witnesses Fast Rebound in 2022
03.14.2023
Romania’s hotel market boasted an accelerated recovery in 2022 and the tendency is set to continue in 2023 as well. Bucharest registered much more intense tourism activity, which reached more
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Accor Group To Open A New Mercure Hotel In Bucharest In Fall 2023
03.01.2023
Accor Group has signed a franchise agreement with local company Sab Serv Expres SRL for the opening of a new Mercure hotel in capital Bucharest in the fall of 2023. more
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Aro-Palace Calls Shareholders to Vote on Sale of Coroana-Postavarul Hotel in Brasov
02.16.2023
The Board of Directors of Aro-Palace (ARO.RO) has called an Extraordinary General Meeting of Shareholders for March 20, to vote on putting up for sale Coroana-Postavarul Hotel at a minimum price of more
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Cristian Erbasu Set to Invest EUR20M in Two Hotels
01.24.2023
Entrepreneur Cristian Erbasu, who owns builder Constructii Erbasu, plans to start building a hotel in Oradea by the end of this year. more
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Aro-Palace’s Capitol Hotel in Brasov to Switch to International Brand
01.05.2023
Three-star Capitol Hotel in the center of Brasov, held by Aro-Palace, will move to an international brand this year, says Aro-Palace chairman of the board of directors Calin Ilie. more
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InterContinental Returns to Romania
01.04.2023
InterContinental has returned to Romania, this time on a different hotel in Bucharest, the Athénée Palace. It had left Romania in 2022, when the logo of the brand was removed from the hotel in Piata more
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Accor To Open New Mecure Hotel In Bacau
12.08.2022
Accor hotel group is expanding its portfolio by signing a new franchise contract for a hotel which will operate under the Mercure brand in Bacau. more
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Apex Alliance Expects EUR25M-EUR30M Revenue from Hotels in Romania
11.28.2022
Lithuania’s Apex Alliance Group, which owns several hotels in Romania, expects to end 2022 with EUR25 million to EUR30 million revenue, its officials say. more
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Radisson Blu Aurum Hotel In Brasov Estimates EUR6.5M Turnover For 2023
11.28.2022
The Radisson Blu Aurum Brasov hotel, inaugurated in October, targets a turnover of EUR6.5 million in 2023 and a minimum average occupancy rate of 65%. more
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International Hotel of Sinaia Expects 75%-80% Occupancy Rate in November
11.18.2022
The four-star International hotel of Sinaia, one of the largest units in the mountains resort, with a 180-room capacity, in September and October operated at an average occupancy rate of 80%, above more
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Cake Maker Natural Set to Invest EUR8M in Slatina100-Room Hotel
11.11.2022
Cake maker Natural, controlled by Popescu family, will invest more than EUR8 million in a 100-room hotel in Slatina, with the unit due to enter under the umbrella of an international brand, explained more
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Premier Hospitality Becomes First Local Company Certified By Marriott Hotel Group
11.09.2022
Consulting company Premier Hospitality, held by Calin Ile and Lucian Marinescu, becomes the first local company certified by international hotel group Marriott. more
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Bucharest’s Hotel Cismigiu Expects EUR1.5M Turnover in 2022
11.02.2022
Bucharest’s four-star Cismigiu hotel, one of the city’s monument buildings, controlled by Spain’s Hercesa, expects to generate EUR1.45-1.5 million turnover in 2022, according to Mirela Cojocaru, more
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Hotel Company Aro-Palace Switches to Profit in Jan-Sep
10.31.2022
Aro-Palace (ARO.RO), which owns one of the largest five-star hotels outside Bucharest, ended the first nine months of the year with a net profit of about RON350,000 compared with a loss of RON1.1 more
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Urban Invest Earmarks EUR25M for First AC Marriott Hotel In Romania
10.26.2022
Urban Invest, the developer of the Urban Plaza mixed-use project in Brasov, will invest EUR25 million in building the first hotel to operate under the AC Marriott brand in Romania. more
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Daniel Ben-Yehuda, Sheraton: Bucharest Needs More Five-Star Hotels
10.25.2022
A new five-star hotel is planned to be built on a lot right near the Sheraton in Bucharest and is now awaiting the necessary permits, says Daniel Ben-Yehuda, who runs the five-star Sheraton and the more
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EUR6M Project to Build Sports Grounds and Hotel Set to Be Launched in Cluj
10.24.2022
A project worth EUR6 million, due to include several sports grounds, swimming pools, event halls and a hotel, is set to be launched in Feleacu locality, Cluj county. more
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Compania Hoteliera Intercontinental Romania Ends 1H/2022 With 48% Higher Revenue, Of RON12.5M
09.30.2022
Compania Hoteliera Intercontinental Romania (RCHI.RO), the company managing Grand Hotel Bucharest, ended the first half of 2022 with total revenue of RON12.5 million, up 48% on the year, and a net more
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Marmorosch Bucharest, Autograph Collection Hotel Reaches Over 50% Average Occupancy Rate In 1st Year Of Activity
09.07.2022
The Marmorosch Bucharest, Autograph Collection Hotel included in the portfolio of Lithuania’s Apex Alliance Group, recorded an average occupancy rate of over 50% in its first year of activity, as more
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Marmorosch Bucharest Hotel Hits 80% Occupancy Rate in 1H/2022
08.03.2022
Lithuania’s Apex Alliance group, controlled by several Lithuanian entrepreneurs, which owns five hotels in Romania, operated with an average 80% occupancy rate in the first half of this year, more
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Bucharest’s Hotel Cismigiu Heads Toward EUR1.45M Turnover in 2022
08.01.2022
The four-star Cismigiu hotel of Bucharest, one of the city’s landmark buildings, controlled by Spain’s Hercesa, expects to reach EUR1.45 million turnover by yearend, 80% of the benchmark 2019 more
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SIF Banat-Crisana Increases Stake in Compania Hoteliera Intercontinental Romania
07.26.2022
Regional investment fund SIF Banat-Crisana (SIF1.RO) has increased its stake in Compania Hoteliera Intercontinental Romania, which owns the Grand Hotel Bucharest formerly Intercontinental, from 10.6% more
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Nordis Group Sees RON123.7M Sales in H1
07.21.2022
Nordis Group, a real estate developer of premium hotel and residential complexes, posted sales of RON123.7 million in the first half, as a result of the sale of 255 apartments in its four projects more