Results 1 - 12 from 12 for "hotel market"
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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
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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
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Cushman & Wakefield: Bucharest Hotel Market Continues Post-Pandemic Recovery
02.27.2024
While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, more
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Romania Hotel Market Sees Company Number Slide, Profit Soar to 5-Year High in 2022
07.18.2023
2022 brought fewer companies on Romania’s hotel market, but profit hit a five-year high, of RON1.5 billion, in line with Trade Registry data. more
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Bucharest Hotel Market Shows Signs of Recovery
05.23.2023
The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city second in more
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Romania Hotel Market Witnesses Fast Rebound in 2022
03.14.2023
Romania’s hotel market boasted an accelerated recovery in 2022 and the tendency is set to continue in 2023 as well. Bucharest registered much more intense tourism activity, which reached more
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C&W: Bucharest Hotel Market Sees Highest Growth By RevPAR Among Capital Cities In CEE In 2021
01.31.2022
The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more
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Romania Hotel Market Expects Rebound Until 2024; 17 New Hotels Due To Be Delivered In Next Three Years
07.08.2021
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 more
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Colliers: Romanian Hotel Market Could Start Recovery in 2H/2021
03.26.2021
The hotel market in Romania could start recovering in the second half of 2021, supported by a pick-up in international travel, and the 2021 will bring fresh trends in the hospitality area, real estate more
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C&W Echinox: Romanian Hospitality Market Fundamentals Stay Strong
03.11.2021
Hotel transaction volume in Romania declined 87% in 2020, to around EUR9.5 million, from EUR75 million in 2019, as the pandemic put investor activity on hold and many sellers postponed their planned more
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Colliers: Recognized Brand Hotels Could Return to 50-60% Occupancy in Autumn
06.16.2020
The hotel market could return to an occupancy rate of 50-60% for hotels operated by recognized brands towards the end of the year, in a scenario in which the epidemiological context remains stable or more
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Bucharest Radisson Manager Sees Hotel Market Rebound
05.13.2011
Ali Yilmaz Yildirimlar, general manager of Radisson Blu hotel complex of Calea Victoriei in Bucharest, which operates 718 rooms, says operating income had a double-digit growth in the first four more