09.06.2024

Pavel Holding and Apex Alliance have recently sealed an agreement for the acquisition of Waldhaus Flims Wellness Resort, a five-star hotel compound of Switzerland. The reopening of Waldhaus Flims is more

06.27.2023

Lithuania's Apex Alliance group, which manages the Marmorosch Hotel in capital city Bucharest, has appointed Italian Giovanni Valentini to the position of Chief Executive Officer (CEO) of the Apex more

05.24.2023

Lithuanian Group Apex Alliance and Paval Holding, the latter of which is held by the Paval brothers, the owners of DIY retail chain Dedeman, have completed the acquisition of the Grand Hotel Gardone more

11.28.2022

Lithuania’s Apex Alliance Group, which owns several hotels in Romania, expects to end 2022 with EUR25 million to EUR30 million revenue, its officials say. more

04.28.2022

Lithuania’s Apex Alliance group, controlled by several Lithuanian entrepreneurs, owning five hotels in Romania, posted 20-25% higher turnover in February and March along the entire chain from the more

02.17.2022

Lithuania’s Apex Alliance Group, which operates five hotels in Bucharest, has appointed Vlad Cimuca as General Manager of the business Courtyard by Marriott Bucharest Floreasca hotel – am initial more

01.11.2022

Lithuanian-held Apex Alliance, which owns five hotels in Romania, has budgeted 20-25% bigger turnover in 2022, according to the company’s officials. more

11.16.2021

Hilton Garden Inn hotel located in Bucharest’s old town, controlled by Lithuania’s Apex, expects turnover to reach EUR3 million this year, from EUR2 million in 2020, according to the company’s more

09.21.2021

Lithuanian-held Apex Alliance group, which owns five hotels in Romania, forecasts an occupancy rate of at least 60% by yearend for Marmorosch hotel of Bucharest’s old town, as the best more

06.29.2021

Lithuanian hotel operator Apex Alliance, which owns and operates five hotels in Bucharest, has appointed Harmen Silver as general manager of its Marmorosch Bucharest, Autograph Collection hotel, set more

05.26.2021

Lithuanian hotel operator Apex Alliance, which owns and operates four other hotels in Bucharest, will inaugurate this summer the Marmorosch Bucharest hotel, Autograph Collection, following an more

10.08.2020

APX hotel group of Romanian investor Adrian Polec, which owns four hotels in Bucharest and the rest of the country, will open its fifth hotel, in Sibiu, next year. more

06.10.2020

Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, will be opening the Moxy Bucharest Old Town hotel (a more

10.21.2019

Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, has opened the first Marriott hotel in Romania under the more

08.12.2019

Lithuanian Apex Alliance Hotel Management has opened its first airport hotel in Romania, Hilton Garden Inn Bucharest Airport, located inside Bucharest's Henri Coanda international airport, following more

03.07.2019

Lithuania-based Apex Alliance group is looking for 200 to 220 people to hire for its three hotels under construction in Bucharest to be delivered in mid-year. more

02.28.2019

Lithuania’s Apex Alliance group, one of the most active hotel developers in Bucharest in the past two years, has put up for sale the Hilton Garden Inn hotel near Romania’s central bank more

08.14.2018

Lithuania’s Apex Alliance, held by a number of investors, such as Nerijus Numavicius, regarded as the richest man in the Baltic country, will invest EUR90 million to build four hotels in Bucharest more