Bucharest Hotel Market Shows Signs of Recovery

05.23.2023 By Roxana Rosu

The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city second in the region, after Warsaw, in line with data provided by real estate consultancy Cushman & Wakefield.

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Keywords:
Bucharest hotel market
, occupancy rate
, growth