Intercontinental Hotel Swings To Loss In 1Q 2012

05.10.2012 By Radu Bostan

Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, swung back to losses of 2.19 million lei (EUR495,000) in the first quarter of 2012, after posting profit in 2011 following ten straight years of losses.

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