11.02.2016

Hotel brand Radisson Blu will be opening its first hotel in Romania’s central region of Transylvania, in the city of Brasov, starting with the spring of 2018, after a contract between Carlson more

10.13.2016

Michael Schmidt, the businessman behind the Automobile Bavaria group wants to add a new line of business and invest in a national hotel chain, as well as enter the volume auto market by adding a new more

10.07.2016

Hotel operators can already think about ways to grow their business, because the stagnation of recent years is over, says Lebanese executive Fadlallah Zayat, who became general manager of the more

09.30.2016

Sheraton Hotel in Bucharest had an occupancy rate of 80% in September and will reach its EUR10 million revenue target by yearend, says general manager Daniel Ben-Yehuda. more

07.15.2016

The Rezidor group, one of the world leading hotel businesses, whose brands include Radisson Blu and Park Inn by Radisson, wants to expand in the cities of more than 200,000 in Romania and has already more

03.01.2016

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02.01.2016

The Lithuanian investors who own the four-star Europa Royale Hotel at the entrance to Bucharest’s Old Town are investing in a new hotel in the area, near Romania’s central bank headquarters, more

12.23.2015

Shareholders of Hotel Club Estival (CLUB) will decide in January on the sale of several constructions and land plots in Olimp seaside resort, for minimum EUR6 million (approximately RON26.5 million). more

11.25.2015

Garanti Bank on Wednesday said it granted financing of EUR8.3 million to the company Jiul SA for the former Jiul hotel in Craiova, which was reopened Tuesday under the Ramada Plaza brand. more

10.16.2015

Rezidor Hotel Group is in talks to open new hotels in Romania, to complement its two hotels in this country, Radisson Blu and Park Inn by Radisson in Bucharest, says Arno Schwalie, area vice-president more

09.17.2015

Polish-held Orbis group, which manages seven hotels in Romania including the Ibis chain, as well as Novotel and Mercure in Bucharest, has signed partnerships with entrepreneurs to open two new hotels 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

08.12.2015

Bucharest has seven luxury hotels, half as many as Prague, the most famous capital in Central and Eastern Europe in terms of tourist destinations. more

08.03.2015

The conversion of the Howard Johnson Hotel near Piata Romana in downtown Bucharest into the first Sheraton operating in Romania will be completed on August 28, says Daniel Ben-Yehuda, the general more

06.22.2015

Vega Turism, the operator of the five-star Vega Hotel in the Mamaia resort by the Black Sea posted 9% growth in revenue to 21 million lei (EUR4.7 million) last year, because of the rise in off-season more

05.27.2015

There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the French hotel chain Accor in Romania, Macedonia and Bulgaria early more

04.14.2015

JW Marriott, Crowne Plaza and Howard Johnson, three of the most important hotels in Bucharest, have changed their chief executive officers in the last six months, putting only foreign executives at more

02.02.2015

The Grand complex, which includes the JW Marriott Hotel in Bucharest, saw a 6% increase in revenue last year, says Gregor Aufhauser, chief executive of Societatea Companiilor Hoteliere Grand, the more

01.26.2015

Four-star Cismigiu Hotel in downtown Bucharest has budgeted a 10% to 12% growth in revenue for 2015, says general manager Georgeta Grecu. more

01.20.2015

Hotel chain Starwood & Resorts will enter the Romanian market with Sheraton brand, after it signed a franchise contract with Grand Plaza Hotel, former Howard Johnson in Bucharest, the companies’ more

10.20.2014

Tourism business results are better than expected, having beat the 15% growth forecast, says businessman Marius Cristescu, who owns Bega Turism company together with his brother Emil Cristescu. more

10.17.2014

Two-star hotel Triumf in the capital city, Bucharest, one of the most valuable assets of Romania’s state property authority RA-APPS, will be put up for sale again, at a starting price of EUR19.6 more

10.09.2014

Accor, the world’s leading hotel operator, will open its first Mercure hotel in central Bucharest at the beginning of November, the operator said in a press release Thursday. more

10.05.2014

Athenée Palace Hilton five-star hotel, one of the landmark buildings of Bucharest, will have all its 272 rooms fully renovated, following a EUR8 million investment starting next year. more

09.12.2014

Hungarian group Danubius Hotels has invested EUR7 million in modernizing the Bradet Hotel in Sovata (in Romania's central-northern county of Mures), which is currently rated four-star superior and was more