Romania Hotel Market Expects Rebound Until 2024; 17 New Hotels Due To Be Delivered In Next Three Years

07.08.2021 By Ecaterina Craciun

Romania’s hotel market, the most affected sector by the coronavirus pandemic, expects to revive until 2024. In Romania, the net occupancy rate in 2020 was 11.3% lower than in 2019. For 2021-2023, 17 new hotels, with over 2,000 rooms, are due to be delivered, half of which in capital Bucharest.

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Keywords:
hotel market
, revival
, Crosspoint Real Estate