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

05.27.2013

The Ambasador hotel in Bucharest, which has lost half of its rooms following the restitution of part of the building to the heirs of its former owner, will re-open with 100 rooms after renovations, more

03.28.2013

Cismigiu Hotel in Bucharest, a 1912 landmark building of the city, is on schedule with its revenue target for the year, general manager Georgeta Grecu says. more

03.22.2013

Regional investment fund SIF Banat-Crisana (SIF1.RO) will set up two holdings to transfer the companies in the real estate and hotel sector the fund is majority stockholder in. more

01.24.2013

Romanian company THR Marea Neagra (EFO.RO) has put up for sale five hotels and several other assets on the Black Sea seacoast, and will use the money obtained to upgrade its other hotels, Linica Stan, more

12.19.2012

Hotel Cismigiu in Romanian capital city Bucharest was reopened Wednesday after 17 years of being closed down, following a EUR15 million investment made by Spanish developer Hercesa. more

11.13.2012

Four-star hotel Cismigiu in central Bucharest, held by real estate developer Hercesa, will be able to receive its first guests next month, but the exact date for the opening has not been yet set, more

10.30.2012

Former football player Gica Popescu says work on four-star hotel Courtyard by Marriott, initially scheduled to start in the second quarter of this year, has been postponed until spring of next year more

10.26.2012

DAAS, one of the leading suppliers of equipment for hotels, restaurants and food stores, will open its first branch outside Romania, in the Republic of Moldova, at the beginning of November. It more

10.23.2012

German Stefan Frank has become the new general manager of the five-star Intercontinental Hotel in Bucharest, which operates 257 rooms. more

10.19.2012

Lebanese-born businessman Mohammad Murad, the chairman of the Perla Majestic tourism group, says he expects his hotels to generate EUR20 million this year, up 8% on 2011. more

09.06.2012

Hotel tariffs on the Romanian Black Sea coast will increase by about 7% in 2013, after they have been kept unchanged since the beginning of the crisis, Dragos Raducan, vice-president of the Federation more

07.17.2012

Gabriel Popoviciu, who controls the Baneasa project and other important businesses in Bucharest along with Radu Dimofte, will invest EUR2.5 million in a new restaurant and in a spa center in the Parc more