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

03.19.2025

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

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

08.09.2024

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

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

12.14.2023

Lior Bebera, with a 25-year experience in the hospitality sector, at international level, has taken over the position of General Manager of Radisson Blu Hotel, Bucharest and Park Inn by Radisson more

09.30.2023

Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), for the first half of 2023 reported a turnover of RON15.3 million, higher more

08.21.2023

The Bucharest hotel market remains attractive for hotel operators to expand their networks in Central and Eastern Europe (CEE). Bucharest is the 5th most attractive market out of 20 cities in CEE in more

06.20.2023

Crowne Plaza Bucharest Hotel, operated under a franchise contract by international hotel chain InterContinental Hotels Group, has completed works for mounting photovoltaic panels that can generate a more

05.23.2023

The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city second in more

05.03.2023

Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), had a turnover of RON26.8 million in 2022, up 42.9% from 2021, and a net more

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

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

05.12.2022

The former Intercontinental hotel, currently Grand Hotel Bucharest, managed by Compania Hoteliera Intercontinental, in 2021 registered RON18 million turnover, up almost 50% from the previous year. more

02.22.2022

Five-star Grand Hotel Bucharest, the former Intercontinental Hotel in capital Bucharest, is starting renovation works on its building and has co-opted the Bergman Design House studio for the EUR21 more

02.17.2022

Lithuania’s Apex Alliance Group, which operates five hotels in Bucharest, has appointed Vlad Cimuca as General Manager of the business Courtyard by Marriott Bucharest Floreasca hotel – am initial more

01.31.2022

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more

11.22.2021

Ioan Maties, boasting a 25-year experience in the hospitality industry, was appointed to the position of general manager of JW Marriott Bucharest Grand Hotel, starting October 15, 2021. more

08.25.2021

Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months. more

08.05.2021

Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town. more

05.26.2021

Lithuanian hotel operator Apex Alliance, which owns and operates four other hotels in Bucharest, will inaugurate this summer the Marmorosch Bucharest hotel, Autograph Collection, following an more

10.13.2020

The top 20 hotel companies by revenue, which are based in Bucharest, posted 1.1 billion lei revenue in 2019, Trade Register Office data show. more