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The four-star Iaki hotel of Mamaia seaside resort, owned by former football player Gheorghe Hagi, renovated with EUR2 million, expects flat turnover in 2025 against 2024. more

06.25.2025

Alpin group, which operates the hotel compound of the same name in Poiana Brasov, is investing EUR20 million in a new accommodation unit, this time at the Romanian seaside, in Olimp resort. more

06.23.2025

Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armeneasca. more

06.12.2025

Turism, Hoteluri, Restaurante (THR) Marea Neagra (EFO.RO), held by Transilvania Investments Alliance, on June 12 notified the Bucharest Stock Exchange it had sold the Capitol hotel complex for EUR1.5 more

06.03.2025

Five-star JW Marriott Hotel in Bucharest, held by Austria’s Strabag, ended 2024 with RON191 million revenue, an increase of 9%, Finance Ministry data show. more

05.20.2025

Businessman Raul Ciurtin, the creator of the Zuzu dairy brand and one of the most powerful entrepreneurs in the food industry in Romania, has invested more than EUR30 million in a hospitality industry more

05.20.2025

Stay Fit Gym, the fitness network with the largest coverage at urban level in Romania, is expanding its portfolio via a partnership with Sheraton Bucharest Hotel, part of Marriott International group, more

05.19.2025

The five-star Marmorosch Bucharest Hotel, held by Lithuania’s Apex Alliance Group, expects 10% higher revenue in 2025, but the first quarter was not as good as the first quarter of 2024, due to the more

05.14.2025

International hotel group Accor is expanding its Romanian portfolio with the opening of a new Novotel Hotel in Timisoara. This will be the first Novotel outside Bucharest and is due to open at the end more

05.12.2025

Real estate developer Hagag Development Europe, held by businessman Yitzhak Hagag, plans to turn into hotel the old office building of the former Institute of Hydroelectric Studies in capital more

05.12.2025

Hampton by Hilton Hotel in Targu-Mures, opened by the Gogolák family in 2024, expects revenue to reach RON9 million in 2025, up from the RON7 million last year, its officials say. more

05.07.2025

Infinity Capital Investments (INFINITY.RO), one of the five financial investment companies on the Bucharest Stock Exchange, on Wednesday announced it had sold the 99.99% it held in Complex Hotelier more

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