03.19.2025

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

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

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

05.24.2023

Lithuanian Group Apex Alliance and Paval Holding, the latter of which is held by the Paval brothers, the owners of DIY retail chain Dedeman, have completed the acquisition of the Grand Hotel Gardone 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

06.06.2022

Romanian company Alira Grand Vins, founded in 2016 by entrepreneur Patrik Simek, has opened a winery in Constanta County (south-eastern Romania) following an investment of over EUR5 million. 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

04.12.2022

Grand Balvanyos Resort of Covasna county, a hotel project owned by Lorand Szarvadi, is expanding the existing 120-room hotel, with the value of the project nearing EUR10 million, out of which 30% more

03.17.2022

Around 70% of Teleferic Grand Hotel employees are from Asia and Dragos Fratila, general manager of the Poiana Brasov hotel says the trend of importing workforce will continue. 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

02.07.2022

Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than more

01.17.2022

Rin Grand Hotel, the hotel of southern Bucharest, a EUR60 million investments, which stirred controversies at its launch in 2017, when the “biggest hotel of Europe” was announced, closed down for 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

09.21.2021

Grand Plaza Hotel company, which controls Bucharest’s Sheraton hotel, in 2020 saw turnover slump by 80% to RON 12 million, from RON61 million in 2019, in line with Finance Ministry data. more

04.19.2021

Grand Plaza Hotel, which owns the Sheraton hotel in Bucharest, has sold the Neptun complex in the seaside resort of Neptun, for EUR5 million to Onix Residence. more

06.07.2019

Societatea Companiilor Hoteliere Grand, which manages five-star hotel JW Marriott in Bucharest, one of the largest actors on the hotel market, as well as the Grand Avenue shopping gallery, ended last more

04.22.2019

Austrian giant Cineplexx International is acquiring Grand Cinema & More within Baneasa Shopping City in northern Bucharest for an undisclosed multi-million euro amount. more

04.05.2019

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10.25.2016

Construction company Luca Prest will invest EUR7.5 million in residential compound Grand Hill Residence in Cluj Napoca, due to the increasing demand for apartments on the backdrop of labor market more

08.28.2015

Hotel chain Starwood Hotels & Resorts has officially entered the Romanian market with Sheraton brand, after having signed a franchise contract for minimum 20 years with Grand Plaza Hotel, which owns more