04.24.2025

Constructii Erbasu group, controlled by Erbasu family, plans to develop hotels in eight cities of Romania, including Bucharest, Oradea and Timisoara, as tourism will be one of the fields that will more

04.24.2025

While Romania’s infrastructure is less developed compared with other countries’ and the country has fewer tourists, the hotel business here proves to be quite solid. more

09.16.2024

After acquiring two hotels abroad, more exactly Grand Hotel Gardone of Italy and Waldhaus Flims Wellness Resort of Switzerland, Paval Holding is also looking at the local market to invest in the hotel more

09.02.2024

Local accommodation units, mainly made up of hotels and pensions, registered total revenues worth RON10.8 billion in 2023, a record high for the owners on the market, in line with Trade Registry data. more

08.06.2024

Local accommodation units welcomed 5.7 million tourists in the first half months of 2024, meaning an increase of just 3% from the year-earlier period, in line with data provided by Romania statistics more

05.27.2024

Renovation Solar, a major player in the field of solar energy and green tech in Romania, has completed the installation of 650 photovoltaic panels on buildings ANA Hotels (office building) and Crowne more

05.14.2024

Panoramic Restaurant on the Tampa Mountain in Brasov will reopen next year, after ANA Hotels bought it from Aro Palace in 2022 and said it planned to invest in it. more

04.24.2024

The Parc Hotels complex, one of the largest hotel companies that includes four-star units Ramada Parc and Ramada Plaza located in northern Bucharest, ended 2023 with a turnover of RON63.4 million more

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

02.06.2024

Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in Romanian seaside resorts, plans to sell two hotels and two plots of land on the local seaside, more

01.09.2024

The local hotel market will ad seven new hotels under international brands this year, with around 650 rooms overall. more

07.21.2023

City Grill group, particularly known for the restaurant network it operates, plans to invest EUR10 million this year, with the money mainly aimed at the development of three boutique hotels. more

05.29.2023

Brasov will in the coming years add four hotels with a total of 600 rooms, due to be opened under international brands AC Marriott, Double Tree by Hilton and ibis Styles. more

03.31.2023

Turism, Hoteluri şi Restaurante Marea Neagra (EFO.RO) has informed the capital market of the signing of several rental agreements for nine seaside hotels following the decisions of the Ordinary more

03.27.2023

Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures. more

02.08.2023

Hotel group Ensana Hotels, which manages three hotels, ended 2022 with revenue of over RON65 million, up almost 45% versus 2019 which was the best year for the company. more

01.17.2023

One United Properties is now focusing on developments in the office, commercial and housing segments, but also plans to expand on the hotel one, says Victor Capitanu, co-founder and co-CEO of the more

01.12.2023

Six hotels rated 2*, 3* and 4*, located in the seaside resorts of Eforie Nord and Eforie Sud, will be put up for auction starting with January 25, 2023, according to representatives of investment fund more

01.04.2023

THR Marea Neagra, controlled by Transilvania Investments, announces it has signed leasing contracts for three assets part of its portfolio. more

12.12.2022

THR Marea Neagra, controlled by Transilvania Investments, is putting up six hotels for sale and another six for rent, meaning that after tenders are completed the company will have no hotels left more

11.09.2022

Hotel company Ana Hotels, one of the largest domestically, operating Athenee Palace Hilton and Crowne Plaza hotels of Bucharest, but also seaside and Poiana Brasov hotels, will in 2022 reach 91% of more

11.04.2022

Nine important hotels in Eforie Sud and Eforie Nord, as well as other assets on the Romanian seaside, will be auctioned off in the next period, following the decision of Transilvania Investments more

09.23.2022

In 2021, the number of four-star units stood at 394, in line with National Statistics Board data. The considerable increase is mainly due to investors’ rising appetite for this field. more

09.06.2022

Romania’s hotel market is expanding further and by 2023, 18 new hotels will be opened in Bucharest and countrywide, in line with the Real Estate “Romanian Hotel Market” report by Crosspoint Real more

07.07.2022

Local startup InstantSpace, which has developed a Booking.com platform for the online booking of hotel conference halls for the organization of corporate events, aims to have over 200 hotel units more