08.10.2021

Phoenicia hotel group, controlled by businessman Mohammad Murad, last year generated turnover worth RON95 million, 26% lower than in 2019, when the group’s turnover got close to RON130 million, more

08.09.2021

ibis Bucharest Politehnica hotel, developed by Ionut Cosmin Fleancu and Dan George Dobre, two Romanians jointly owning Novum Business Services company, has been officially opened, being part of the more

06.08.2021

Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and more

05.19.2021

The company Ra-Ra Hotels, part of Ra Ra Group Brasov, has concluded a financial agreement with lender EximBank to develop the Radisson Blu Aurum project. more

04.28.2021

APX Hotels group, owned by Romanian investor Adrian Polec, has bought the former Libra hotel in Sibiu for EUR1.85 million, which it will renovate and reopen as the four-star Hermanns Hotel in July more

03.25.2021

Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of Bucharest to Zeus International Group, one of Europe’s fastest growing more

03.08.2021

Ana Hotels has started a EUR25 million investment in the capital renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in the city center. more

01.06.2021

Alexandrion Group, the largest spirits producer in Romania by turnover, targets major investments in the hospitality industry, by acquiring several hotels in the next five years. more

10.26.2020

Romanian car parts manufacturer Compa Sibiu (CMP.RO) will be inaugurating two hotels in the city of Sibiu in 2023, on the site of the former Arsenal factory. The hotels will operate under the Mercure more

08.05.2020

Hotels in Romania are recording all-time low results as the COVID-19 pandemic and related restrictions have curtailed demand from foreign travelers and job cuts in the industry may reach 38%, a survey more

07.15.2020

French hotel management group Accor, which has nine hotels in Romania, seeks to reach 50 hotels locally in the next five years. more

06.29.2020

Continental Hotels, controlled by businessman Radu Enache, and French Accor Group have jointly decided to terminate their management agreement signed 20 years ago. Following this decision, four hotels more

05.08.2020

Apex Alliance Hotel Management, which manages three hotels inBucharest - Hilton Garden Inn Old Town, Hilton Garden Inn Bucharest Airport and Courtyard by Marriott Bucharest Floreasca – will take more

01.29.2020

Business travel is expected to grow at least 12% in 2020 and the sectors involving the biggest number of business trips are pharmaceuticals, audit services, the oil industry and banking, according to more

05.13.2019

French Accor Group and its strategic partner in Eastern Europe, Orbis, will be expanding the Romanian portfolio by ten new hotels until 2022, beside the current 11 units operating under the Pullman, more

11.26.2018

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03.06.2018

The hotel capacity in capital city Bucharest is seen rising by at least 10% in the next three years, considering the hotel projects planned or under construction, with new hotels to be developed in more

03.02.2017

ANA Hotels, the operator of the all tourism businesses of entrepreneur George Copos, ended 2016 with EUR31.5 million revenue, an increase of 9.6% on 2015, which makes it the biggest hotel company in more

01.30.2017

Three-star hotels Rina Tirol and Rina Vista, in mountain resort Poiana Brasov, were put up for sale at prices starting EUR2.4 million each (VAT included), according to an announcement on the website more

10.23.2016

Businessman Mohammad Murad, one of the biggest hotel owners in Romania, wants to build two new units on the Romanian seaside, within an investment valued at EUR7 million. more

06.14.2016

Ana Hotels will invest EUR20 million in renovating the rooms of Athénée Palace Hilton hotel in Bucharest and in the construction of a new building of the hotel and a conference room, a project which more

06.12.2016

ANA Hotels company, controlled by businessman George Copos, reported 20% higher revenues in the first quarter of 2016, according to Christine Schillings, ANA Hotels general manager. more

11.02.2015

Hotel chain Starwood Hotels & Resorts is negotiating the opening of several hotels in the cities of Cluj-Napoca and Timisoara (in northwestern and western Romania), after opening the first Sheraton more

09.18.2015

Foreign tourists accounted for 5% of all tourists that went to the seaside in the summer of 2015, higher from a year before, the seaside resorts still lacking enough accommodation capabilities to more

08.18.2015

Hungarian group Danubius Hotels registered a pretax profit of 14 million forints (EUR46,000) in the first six months of 2015, from losses worth 107 million forints (EUR346,000) in the same period a more