Results 1 - 25 from 335 for "hotel"
-
Grand Hotel Bucharest Ends H1/2024 With RON5.3M Net Profit, RON20M Revenue
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
-
Germany’s Luxury Sportswear Brand Bogner Set to Open First Store in Romania
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
-
Cushman & Wakefield: Bucharest Will Boast Biggest New Hotel Supply Growth in CEE Btw 2024-2026
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
-
Five-Star Marmorosch Hotel In Bucharest Expects At Least 10% Rise In Revenue In 2024
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
-
Lion Capital Buys RON20M Worth Of Shares In Grand Hotel Bucharest; Boosts Its Holding To Over 40%
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
-
Crosspoint: Short-Term Rentals In Bucharest Generate Annual Revenues Of Over EUR40M
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
-
Cismigiu Hotel H1/2024 Turnover Up 3% from H1/2023
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
-
Real Estate Developer One United Properties Starts Construction of Mondrian Bucharest Hotel
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
-
10% In The Company Managing Grand Hotel Bucharest Changed Shareholders In RON21M Deal
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
-
Hotelier Nicolae Bucovala Has Invested EUR7M In His Hotels
07.15.2024
Businessman Nicolae Bucovala, who owns Steaua de Mare hotel complex in Eforie Nord, Tomis Hotel in Mamaia and Oltenia Hotel in Olimp, says the investments made in refurbishment and services attract more
-
Turism Felix In Talks To Affiliate Three Of Its Hotels To International Chains
07.11.2024
Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, has signed letters of intent to enter final negotiations with two international hotel chains to affiliate three of its more
-
Five-Star Radisson Blu Hotel In Cluj-Napoca Reaches 70% Occupancy Rate In June, Starts Construction Of Second Wing
07.01.2024
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the more
-
International Hotel In Sinaia Ends 2023 With RON41.5M Revenue
06.26.2024
The four-star International Hotel in Sinaia, one of the largest in the mountain resort, with a capacity of 180 rooms, ended last year with RON41.5 million revenue, up 10% on the previous year, Finance more
-
Infinity Capital Investments Set to Organize New Auction for Sale of Dambovita Hotel of Targoviste for RON15M
06.12.2024
Infinity Capital Investments, one of the five financial investment companies listed on the Bucharest Stock Exchange, has announced it will organize, on June 20, a second auction for the sale of more
-
Transilvania Investments Alliances Seeks To Sell Low-Cost Hotels
06.07.2024
Transilvania Investments Alliance’s (TRANSI.RO) executive board has called shareholders for a meeting on July 11 to vote on the sale of the stake Nova Tourism Consortium SA holds in Societatea more
-
Five-Star Vibre Hotel In Cluj Expects RON20M Revenue In 2024
06.04.2024
Five-star hotel Vibre in Cluj-Napoca has reached an occupancy rate of 55%, having opened last August. Demand for accommodation services has been steadily increasing from month to month, so the more
-
Mamaia Seaside Resort To Host The First Radisson Blu Hotel
05.31.2024
Mamaia seaside resort will host the first Radisson Blu Hotel, a project to be developed by Monarc Properties, a real estate developer specialized in developing luxury hotel and residential projects. more
-
Grand Hotel Italia In Cluj Expects Growth In Revenue To RON40M In 2024
05.13.2024
Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa. more
-
Founders of Cake Maker Natural Set to Build Hampton by Hilton Hotel in Slatina
05.07.2024
Popescu family, which controls cake marker Natural, will start, in 2024 or 2025, the construction of a Hampton by Hilton hotel, with around 75 rooms, in Slatina, explained Elena Zoica, Natural more
-
Cismigiu Hotel Budgets 3% Growth In 2024
04.10.2024
The four-star Cismigiu Hotel in Bucharest, one of landmark buildings of the city, held by Spain’s Hercesa, has budgeted for 3% higher revenue for 2024, up from EUR1.9 million in 2023, which was more
-
Marigab Com Set to Build EUR8M Hotel with Just Transition Money
04.08.2024
Marigab Com, of Turceni, Gorj county, controlled by local entrepreneurs, specialized in food retail, will build a hotel of around EUR8 million, with money from the Just Transition program. more
-
Europa Hotel In Eforie Nord Seaside Resort Reopens In Wake Of Over EUR14M Investment
03.30.2024
The Europa Hotel, which is located in the Eforie Nord seaside resort and is held by the company ANA Hotels, was renovated following an investment worth over EUR14 million and is due to open on April more
-
Feruccio Group Invests EUR2.5M In Winery In Dealu Mare; Set To Build EUR1.7M Hotel
03.21.2024
Prahova-based Feruccio Group, controlled by businessman Ninel-Aurelian Alexandru, is investing EUR2.5 million in a winery and has submitted a project for the development of a EUR1.7 million hotel more
-
Autograph Collection by Marriott Hotel In Arad Expected To Open In 3Q/2026
03.07.2024
The Autograph Collection by Marriott Hotel in Arad (western Romania), initially scheduled for opening in the first quarter of 2024, is expected to be inaugurated in the third quarter of 2026, as per more
-
Cushman & Wakefield: Bucharest Hotel Market Continues Post-Pandemic Recovery
02.27.2024
While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, more