07.05.2024

Real estate developer One United Properties (stock symbol: ONE) has announced in a stock market report on July 5 that its daughter company, ONE Gallery Floreasca, signed a lease contract with Tomcat more

06.25.2024

Consulting company Premier Hospitality is taking over the management of Ramada hotel of Sibiu, in a lease-type system for a 20-year period. more

01.25.2024

For a long time, local entrepreneurs in all the fields of the Romanian economy have had a cautious approach in business, preferring to anchor their businesses locally. Meanwhile, following the model more

05.18.2023

Macromex, a major player on the local consumer goods distribution market, expects 20% higher turnover for the hospitality unit in 2023. more

11.09.2022

Consulting company Premier Hospitality, held by Calin Ile and Lucian Marinescu, becomes the first local company certified by international hotel group Marriott. more

09.27.2022

ialoc, the platform used for reservations and quick payments for the hospitality industry, has attracted an investment of EUR500,000 from MaxyGo Invest Holding. more

11.17.2021

Romania’s hotel industry is in full swing and by 2024 another 15 hotels are due to be opened, with a total number of 2,000 rooms, reveals a ZF analysis based on a report by STR hospitality industry more

10.22.2021

Romanian tourists’ massive shift toward the domestic hospitality industry amid pandemic restrictions is turning into a rare opportunity to invest in this field, says Dragos Petrescu, founder of City more

09.17.2021

Wholesalers in the retail and hospitality sectors reached record sales in 2020, of RON16.6 billion, and are expected to touch a new record high, of RON18 billion, in 2021, per a Keysfin survey. more

08.05.2021

One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data. more

06.02.2021

The One Tower office building, developed by One United Properties in Bucharest’s Floreasca area, will also have an “office hospitality”-type center, the first of its kind on the Romanian market. 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

08.19.2020

The local restaurant industry, one of the most affected by the Covid-19 pandemic, currently allowed only open-air serving and food delivery, has recorded a 60% drop in sales compared with 2019. more

06.18.2020

Romania's government has approved a three-month tax exemption for annual industry-specific taxes paid by companies in the hospitality industry. more

12.06.2019

Romanian car parts manufacturer Compa Sibiu (CMP.RO) is looking to enter the hotel business and register Compa Hospitality and has summoned a shareholders' meeting for January 14. more

03.14.2017

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10.01.2013

Romanians spent about 4 billion lei (EUR900 million) in restaurants last year, the same as in 2011, though less than what people in developed western countries or in the neighboring countries spend. more

09.19.2013

The Romanian hospitality industry (hotels, restaurants, bars, event planning) fell over 20% in Romania between 2008 and 2010 and accounted for a little over 2% of the gross domestic product in 2010, more