02.03.2012

Businessman George Copos, who owns several hotels on the Romanian market, engine plant Ana Imep, as well as other businesses in bakery and real estate, said he started 2012 more relaxed than last year more

01.25.2012

Grand Hotel du Boulevard, one of the oldest hotels in Bucharest, which has functioned under this name since 1877, could be turned into an office building. more

01.09.2012

The three-star Moneasa hotel, in Western Romanian county Arad, was put on sale for EUR4.6 million, the unit’s owner, Nicoara Cret, told MEDIAFAX more

12.09.2011

Businessman George Copos, owner of seven hotels on the Romanian market, has rented out three-star hotel Astoria in Eforie Nord seaside resort for three years to Marina Travel company, which also holds more

12.01.2011

Luxury brand Valentino will open its first Romanian store in The Grand Avenue shopping gallery, located on the ground floor of luxury complex The Grand, which also accommodates JW Marriott hotel. more

11.21.2011

"We have 1,000 seats available for the New Year’s Party in the hotel’s restaurant, more than last year, when we hadn’t opened the SteakHouse restaurant. So far, we have reservations for about more

10.24.2011

Romanian entrepreneur Claudiu Aron and his wife run the Alpin tourism complex in Poiana Brasov, a business that that has grown 113.7% in the last three years to 69.7 million lei (EUR16.1 million). more

10.17.2011

Half of the hotels on Romania's Black Sea coast are for sale and a quarter of them have difficulty repaying their bank loans, Mohammad Murad, president of tourism industry organization FPTR, told more

10.06.2011

Romania's Tourism Ministry has sold the "Mamaia" five-star hotel complex in Mamaia to Silviu Iordache, a natural person from Bucharest, for EUR2.48 million. more

10.06.2011

George Copos, one of the largest hotel owners on the Romanian market, has completed a EUR11 million investment in modernizing Sportul Hotel in Poiana Brasov resort in central Romania with the more

09.13.2011

Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony more

09.13.2011

The number of tourists who spent their holiday on the Romanian Black Sea coast increased by 10% this year compared to 2010, Corina Martin, president of the National Association of Tour Operators more

09.13.2011

Radu Enache, majority shareholder of the Continental Hotels chain, in which Spanish investment fund GED has recently bought a 30% stake, says he has had several meetings with the fund’s officials to more

09.07.2011

Hotel operator Turism Felix (TUFE.RO) on Wednesday said it will invest EUR20 million in Romania’s first five-star spa hotel, which will be launched at the end of next year. more

08.23.2011

Businessman Valentin Visoiu, who has developed over 1,000 housing units in Bucharest through Conarg Construct, will open the four-star Ramada hotel in Pitesti, a EUR20-million investment carried out more

08.02.2011

Bucharest’s Athenee Palace Hilton five-star hotel, owned by businessman George Copos, ended the first half of this year with 3% lower revenue from last year, operating at an average occupancy rate more

05.26.2011

Bucharest's general council on Thursday rejected a draft decision introducing a 3% tax on hotel revenue from accommodation in 2012. more

05.26.2011

Romania's hotel occupancy rate increased 13% in the first quarter of the year, according to official data, said Tourism Ministry official Paul Marasoiu on Thursday, contesting the industry's claim more

05.20.2011

Authorities in Dolj county, southern Romania, have asked major hotel chains to open a hotel in Craiova, after Ford, owner of the local car factory, complained about the lack of a business hotel to more

05.13.2011

The four-star Tulip Inn Sunny Hill hotel in Romanian city Cluj-Napoca was put on sale for EUR6.5 million, plus VAT, unit owner Eugen Tusa told MEDIAFAX. more

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

04.29.2011

The creditors of Romanian bankrupt Grup Constructii Montaj will hold an auction to hold the Ski&Sky hotel in the mountain resort of Predeal at a starting price of almost EUR780,000, Friday said more

04.19.2011

Three-star hotel Allegro in Romanian seaside resort Eforie Nord was put on sale for EUR3 million, unit owner Ion Diacu told MEDIAFAX. more

04.18.2011

Bucharest four-star hotel NH was put on sale Monday for EUR13 million, this being the second such attempt after the owner tried to sell it for EUR14 million two years ago. more