Results 1 - 25 from 349 for "hotel"
-
2024, Best Year for Epoque Hotel Relais & Châteaux
03.21.2025
2024 was the best year for the five-star Epoque Hotel Relais & Châteaux, with the hotel registering a 7% revenue increase against 2023 on the hotel activity segment, to RON14.5 million. more
-
Corinthia Grand Hotel du Boulevard Bucharest Opens Starting March 24
03.19.2025
Corinthia Grand Hotel du Boulevard, located in central Bucharest, is set to open its doors starting March 24, 2025. more
-
THR Marea Neagra Sells Balada Hotel Complex In Saturn For RON6.1M
03.18.2025
Turism, Hoteluri, Restaurante (THR) Marea Neagra (EFO.RO) held by Transilvania investments Alliance, on Tuesday notified the Bucharest Stock Exchange it had sold the Balada hotel complex in Saturn, more
-
Colliers: Romania Hotel Market Hits New Peak in 2024
03.06.2025
Romania’s hotel market is undergoing a period of fast growth, reaching a 30-year high of over 25 overnight stays in 2024, supported by a rising number of foreign tourists and high demand for modern more
-
Romania Hotel Sector Doubles in Size in 25 Years
02.24.2025
Romania hotel market has doubled its size in the past 25 years, from 811 hotels in 2000, to 1,600 hotels in 2024, in line with the country’s statistics board INS. more
-
Marian Alecu Set To Invest EUR3.5M And EUR2.5M In Hotels In Bucharest And Sibiu
01.28.2025
Marian Alecu, the entrepreneur who started the McDonald’s network in Romania, is preparing two new investments in hotels, one in Sibiu and the other in the refurbishment of the Banat Hotel in more
-
Grand Hotel Italia Budgets 5-10% Higher Turnover in 2025
01.21.2025
Grand Hotel Italia, the five-star hotel of Cluj part of Italian chain Select Hotels Group, expects 5-10% higher turnover this year, after nearing the RON40 million turnover threshold last year. more
-
Garanti BBVA Lends EUR5M to Industrial Group Alca for Funding of 5-Star Hotel in Bucegi Mountains
01.20.2025
Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains. more
-
Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business
01.08.2025
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives said on ZF more
-
Turism Felix Administrators Approve Franchise Contract With Accor Hotel Services Magyarország Kft. Budapest
12.24.2024
The Board of Directors of Romanian company Turism Felix (stock symbol: TUFE), which manages five hotels in Baile Felix resort of Bihor county, has approved the conclusion of a franchise contract with more
-
Hyatt Comes to Bucharest, in Nusco City Project
12.20.2024
Nusco, one of the leading and most active real estate market players, has sealed the partnership via which Hyatt will open its first hotel unit in Bucharest, in one of Romania’s largest urban more
-
Feper Sells Complexul Hotelier Orizont In Predeal For RON52.3M Plus VAT
11.25.2024
Feper (FEP.RO), a manufacturer of industrial equipment, which also has hotel operations, on Monday notified the Bucharest Stock Exchange of having sold Complexul Hotelier Orizont in Predeal at auction more
-
THR Marea Neagra Posts RON9.1M Net Profit, RON23M Revenue In 9M 2024
11.15.2024
THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period more
-
Bucharest’s Corinthia Hotel Set to Open in Q1/2025
10.30.2024
Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF. more
-
Grand Hotel Bucharest Ends H1/2024 With RON5.3M Net Profit, RON20M Revenue
10.04.2024
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of 2024 with net profit of RON5.3 million, slightly more
-
Germany’s Luxury Sportswear Brand Bogner Set to Open First Store in Romania
09.25.2024
German luxury sportswear brand Bogner, present in over 50 countries, is expanding to Romania by opening its first store in The Grand Avenue shopping gallery located on the ground floor of JW Marriott more
-
Cushman & Wakefield: Bucharest Will Boast Biggest New Hotel Supply Growth in CEE Btw 2024-2026
08.22.2024
Bucharest will during the 2024-2026 period register the strongest increase in new hotel spaces among CEE capital cities, with an advance of around 5.8%, meaning another 2,400 rooms will be delivered, more
-
Five-Star Marmorosch Hotel In Bucharest Expects At Least 10% Rise In Revenue In 2024
08.22.2024
The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects more
-
Lion Capital Buys RON20M Worth Of Shares In Grand Hotel Bucharest; Boosts Its Holding To Over 40%
08.09.2024
Alternative investment fund Lion Capital (stock symbol: LION) acquired a package of 83.35 million shares in Grand Hotel Bucharest (RCHI) on July 31, representing 10% of the share capital of the more
-
Crosspoint: Short-Term Rentals In Bucharest Generate Annual Revenues Of Over EUR40M
08.07.2024
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of EUR41.3 million, nearly double compared to 2019 and 46% more
-
Cismigiu Hotel H1/2024 Turnover Up 3% from H1/2023
08.06.2024
Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 3% in the first half of this year from the year-earlier period, in line with its budget. more
-
Real Estate Developer One United Properties Starts Construction of Mondrian Bucharest Hotel
08.02.2024
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the start of construction for the Mondrian Hotel in more
-
10% In The Company Managing Grand Hotel Bucharest Changed Shareholders In RON21M Deal
07.31.2024
On Wednesday, July 31, 204, a special transaction with 10% of the share capital of Grand Hotel Bucharest (stock symbol: RCHI) was registered in the Bucharest Stock Exchange system, as per stock market more
-
Hotelier Nicolae Bucovala Has Invested EUR7M In His Hotels
07.15.2024
Businessman Nicolae Bucovala, who owns Steaua de Mare hotel complex in Eforie Nord, Tomis Hotel in Mamaia and Oltenia Hotel in Olimp, says the investments made in refurbishment and services attract more
-
Turism Felix In Talks To Affiliate Three Of Its Hotels To International Chains
07.11.2024
Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, has signed letters of intent to enter final negotiations with two international hotel chains to affiliate three of its more