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

07.04.2012

The European Football Championship brought twice the number of customers a regular night would have on the outdoor terrace of the five-star JW Marriott Hotel in Bucharest and therefore higher revenue. more

06.28.2012

Lebanese businessman Mohammad Murad, the chairman of the Perla Majestic group operating in the Romanian tourism industry, will begin construction of a new hotel in the seaside resort of Navodari. more

06.27.2012

Lithuanian-held developer Europa Group has completed a EUR12 million investment in Europa Royale, a luxury hotel in the Unirii area of Bucharest (center of the city). more

06.20.2012

The leu's depreciation, the local elections and European crisis have caused stagnation of revenue for the Continental Hotels chain in the first half of 2012, says majority shareholder Radu Enache. more

06.12.2012

The Antonescu family, which owns travel agency Marshal Turism, has invested EUR5 million into the latest five-star hotel in Bucharest, which it inaugurated on Calea Dorobantilor (central Bucharest) on more

05.01.2012

Former football player Gica Popescu says his “guarantee” that the Courtyard Marriott hotel project will go through is that his partner is Marriott. more

04.29.2012

Romanian hotel developer Gica Popescu Hotels and hotel chain Marriott International have recently concluded a partnership whereby the former will build, develop and operate the first hotel in Romania more

04.20.2012

French executive Stephane Barbazan, the new manager of four-star hotel Novotel on Calea Victoriei in downtown Bucharest says in his first interview with the media that one of the main avenues for more

04.19.2012

The five-star Crowne Plaza Hotel in Bucharest, owned by businessman George Copos, applied for a downgrade to four stars, which will allow it to host events organized by pharmaceutical companies, more

04.09.2012

A number of 10,600 rooms in hotels, 11,000 cab drivers, more than 100 restaurants and bars in the old center of Bucharest, museums and dozens of travel agencies bringing foreign soccer fans in Romania more

03.29.2012

Gabriel Popoviciu, one of the most powerful and also lowest-profile businessmen in Bucharest, turned over the operational management to young executives. Most of them are Romanians and make sure the more

02.24.2012

There are 80 event rooms in the five star hotels in Bucharest, which can accommodate 12,000 people together. Most of these rooms have been renovated over the last three years, and required hundreds of more

02.14.2012

Bucharest’s five-star JW Marriott hotel, which operates 402 rooms and 12 event halls, has started the renovation of its Constanta conference hall and of ten other smaller conference rooms on its more