02.15.2022

The four-star Hotel Cismigiu (Cişmigiu Hotel) in Bucharest, one of the city's landmark buildings, controlled by Spanish-owned Hercesa, expects a 15% increase in average occupancy this year, as well more

02.10.2022

Hotel company Ana Hotels, one of the largest on the local market, which operates the Athénée Palace Hilton and Crowne Plaza hotels in Bucharest, as well as hotels by the sea and in Poiana Brasov, more

02.07.2022

Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than more

02.04.2022

Marius Vinatoru, marketing manager of International hotel of Sinaia, says 30% higher turnover has been budgeted for this year. more

02.03.2022

Hilton hotel chain confirmed on Thursday (Feb 3) significant expansions to its DoubleTree by Hilton portfolio, with the announcement of six new European hotels in Italy, France, Romania, Hungary, the more

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

01.25.2022

Sheikh Ahmed bin Saif Al Nahyan, the former President of Etihad Airways and the founder of ABS Holdings, will be opening an ibis Styles Bucharest Airport hotel, in the vicinity of Henri Coanda more

01.17.2022

Rin Grand Hotel, the hotel of southern Bucharest, a EUR60 million investments, which stirred controversies at its launch in 2017, when the “biggest hotel of Europe” was announced, closed down for more

01.13.2022

Swedish-held private medical service provider Medicover Romania, one of the third largest private medical service providers in the country, on Thursday announced the acquisition of Polaris Medical more

11.22.2021

Ioan Maties, boasting a 25-year experience in the hospitality industry, was appointed to the position of general manager of JW Marriott Bucharest Grand Hotel, starting October 15, 2021. more

11.17.2021

Four-star hotel Capital Plaza, opened in 2009 and controlled by Romanian entrepreneurs, forecasts flat turnover in 2021 year-on-year. more

11.16.2021

Hotel consultancy and valuation company Horwath HTL has valued the Nordis Brasov project and estimates a market value of more than EUR40 million after the hotel opens in November 2023 more

11.11.2021

Radisson Blu Brasov hotel, developed by RaRa Hotels, part of RaRa Group controlled by Ramona Neamtu and Razvan Neamtu, is set to open in the first quarter of 2021, according to the hotel’s more

11.09.2021

A new hotel of the Double Tree chain will open in Brasov in 2023. The hotel will have a capacity of 150 rooms and require EUR21 million investment, Mircea Draghici, managing director of ESH more

10.26.2021

Continental Hotels chain, one of the largest in Romania, with almost 2,000 rooms, has operated at a 49% average occupancy rate so far, compared with 72% in 2019, its best year ever, the chain’s more

10.01.2021

Real estate developer One United Properties, and Le Manoir Group, active in the field of fine gastronomy, have bought boutique hotel Carpathian Lodge Magura in Buzau, for EUR2.35 million. more

09.29.2021

This summer was the best for Romanian seaside hotel owners, so that the number of tourists and the level of receipts topped those of 2019, the year with the best results for companies managing seaside more

09.28.2021

Bucharest’s five-star Suter Palace Heritage Boutique Hotel in 2020 registered turnover of above RON2 million. The hotel was opened in 2018 and posted RON2 million revenues in its first year of more

09.21.2021

Automotive component manufacturers Compa Sibiu has set up a company, Arini Hospitality, to develop the Mercure - Ibis project. more

09.21.2021

French Accor Group continues the expansion of the ibis Styles brand in Romania, by opening a hotel in Brasov, held by Kronstadt Hotel and operated via a management contract. more

09.21.2021

Grand Plaza Hotel company, which controls Bucharest’s Sheraton hotel, in 2020 saw turnover slump by 80% to RON 12 million, from RON61 million in 2019, in line with Finance Ministry data. more

09.02.2021

Revenues generated by the company managing Bucharest Intercontinental hotel dropped by 16% in the first half of this year, to just RON8.4 million. more

08.27.2021

Four-star Capital Plaza Hotel in Bucharest posted almost 80% decline in revenue to merely RON3 million in 2020, Finance Ministry data show. more

08.25.2021

Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months. more

08.05.2021

Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town. more