01.20.2015

Hotel chain Starwood & Resorts will enter the Romanian market with Sheraton brand, after it signed a franchise contract with Grand Plaza Hotel, former Howard Johnson in Bucharest, the companies’ more

10.20.2014

Tourism business results are better than expected, having beat the 15% growth forecast, says businessman Marius Cristescu, who owns Bega Turism company together with his brother Emil Cristescu. more

10.17.2014

Two-star hotel Triumf in the capital city, Bucharest, one of the most valuable assets of Romania’s state property authority RA-APPS, will be put up for sale again, at a starting price of EUR19.6 more

10.09.2014

Accor, the world’s leading hotel operator, will open its first Mercure hotel in central Bucharest at the beginning of November, the operator said in a press release Thursday. more

10.05.2014

Athenée Palace Hilton five-star hotel, one of the landmark buildings of Bucharest, will have all its 272 rooms fully renovated, following a EUR8 million investment starting next year. more

09.12.2014

Hungarian group Danubius Hotels has invested EUR7 million in modernizing the Bradet Hotel in Sovata (in Romania's central-northern county of Mures), which is currently rated four-star superior and was more

08.27.2014

The top five hotel companies in Brasov County, the second most important destination in Romania after Bucharest by number of tourists, posted only 74 million lei (EUR17 million) revenue last year, more

08.22.2014

The five most important hotels in Mamaia by revenue of the companies that operate them posted 55 million lei (EUR12.4 million) revenue last year, an increase of 6% on 2012. more

08.20.2014

Bank of Cyprus on Wednesday said it has signed an agreement to sell its assets related to Societatea Companiilor Hoteliere Grand SRL, a company incorporated in Romania and owner of the JW Marriott more

08.07.2014

The 20 largest hotel owners in Romania account for one third of the local hospitality market, estimated at 3.35 billion lei (EUR750 million) and largely dominated by four and five-star hotels more

07.17.2014

A Turkish businessman plans to build a EUR100 million compound of 900 apartments, a five-star hotel, restaurants, bars, clubs, pools and sports courts on a 35,000-square-meter plot in 23 August, near more

06.12.2014

French hotel group Accor expands its presence on the Romanian market with a new brand, Mercure, by opening a hotel in downtown Bucharest this autumn. more

05.14.2014

Bucharest’s Cismigiu hotel, a monument building of the city, opened in late 2012, ended the first three months of this year with an average occupancy rate of 56%, from the 38% reached in the same more

04.10.2014

Poiana Alba Turism company, controlled by the stakeholders of bakery producer Farinsan Giurgiu, will start, in June, building a 5-star Ark hotel in Poiana Mica (at the Poiana Brasov entryway), in the more

04.01.2014

Only 3.2% of the rooms in the hotels in Romania are rated five stars, half of which are in Bucharest, according to a ZF analysis based on the data supplied by the Tourism Ministry. Many big cities in more

02.27.2014

Hilton Worldwide Thursday said it reached an agreement to open its first hotel in northeastern city of Iasi, reaching a total 12 units which already operate or are under development in Romania. more

02.04.2014

Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any new more

01.20.2014

The three hotels owned by businessman George Copos in Romanian ski resort Poiana Brasov last year generated overall revenue of EUR3.65 million, up 9% year-on-year. more

11.26.2013

Four-star hotel Pullman Bucharest (former Sofitel) will be put up for sale in January for EUR20 million to cover a part of the debts registered by its owner, insolvent World Trade Center Bucharest more

11.07.2013

Hotel chain Starwood is in negotiations to enter Romania next year by rebranding the Howard Johnson hotel in Bucharest to Sheraton, people familiar with the matter told Mediafax Thursday. more

11.04.2013

The Howard Johnson hotel in Bucharesthas asked to be downgraded from five to four stars in order to be able to host events organized by pharmaceutical companies. The latter decided last year to no more

11.01.2013

Josef Goschy, owner of hotel chain Unita Turism, which has 25 hotels across Romania, says his three-star hotel Egreta in Tulcea (harbor in SE Romania) is working almost at full capacity after it more

10.08.2013

Five star seaside Rex Hotel in Mamaia (SE Romania) should reopen next year, after a EUR3.5 million renovation and a further EUR5 million upgrade investment, owner Carmen Adamescu says. more

07.10.2013

Lebanese businessman Mohammad Murad, owner of the Phoenicia hotel chain, will open a five-star all inclusive hotel in Navodari seaside resort on Saturday, following an investment of around EUR5 more

06.10.2013

American hotel chain Hilton, one of the world’s leading chains with almost 3,900 hotels in 90 countries, has opened its first Romanian hotel affiliated to the Hampton by Hilton brand in Cluj-Napoca more