Results 176 - 200 from 337 for "hotel"
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Radu Enache, Continental Hotels: GED Seeks To Sell Its Stake
02.05.2020
Spanish-held private equity firm GED is looking for a buyer for the almost 30% in Continental hotel group, businessman Radu Enache, the majority owner of the business, says. more
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Businessman Octavian Radu Buys 51% In Five-Star Ioana Hotels In Sinaia
01.31.2020
Entrepreneur Octavian Radu who owns several businesses, among which bookstore chain Diverta and mailing company Pink Post, has bought the majority stake (51%) in a five star hotel and restaurant in more
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International Hotel Chains Have Added Over 600 Rooms in Romania in Past Two Years
11.11.2019
The biggest international hotel brands have more than 8,600 rooms in Romania, with more than 600 rooms becoming available in the last two years up to October 2019, ZF has found from market data. more
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Apex Alliance Opens First Courtyard by Marriott Hotel In Romania, After EUR22.5M Investment
10.21.2019
Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, has opened the first Marriott hotel in Romania under the more
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Four-Star Capital Plaza Hotel In Bucharest Eyes 10% Higher Turnover In 2019, Of EUR3.1M
10.01.2019
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Danubius to Invest over EUR8M in Faget Hotel in Sovata
09.12.2019
Hungarian hotel chain Danubius, which owns three hotels in central Romanian tourist resort Sovata, estimates it will invest EUR8 million to upgrade the Faget hotel to three stars and will rename it more
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Romania Ranks Last in Region by Number of Hotel Rooms
09.12.2019
Romania had more than 29,000 hotel rooms under various independent and international chain affiliated brands, three times fewer than Poland and half the number in Bulgaria and Czech Republic, ZF has more
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Karpaten Turism Owner to Open Two Four-Star Hotels in Sibiu
07.16.2019
Gheorghe Marginean, the entrepreneur who established travel agency Karpaten Turism in 1996 and owns two hotels in Sibiu says he plans to open two more hotels in the city, rated at four stars. more
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Steaua De Mare Complex in Eforie Nord Sees Revenue up 70% in 2018
07.09.2019
Steaua de Mare hotel complex in the seaside resort of Eforie Nord ended last year with 8.8 million lei (EUR1.86 million) revenue, 69% higher than in 2017, Finance Ministry data show. more
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Accor To Buy Orbis' Hotel Services Business for EUR286M
07.04.2019
French hotel group Accor has acquired the hotel services division of Polish group Orbis, namely franchise and management contracts over 136 hotels in Central Europe, in a EUR286 million deal. more
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Five-Star Vega Hotel In Mamaia Seaside Resort Posts 7.5% Higher Turnover, Of RON17M, In 2018
06.19.2019
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Entrepreneur Daniel Guzu Invested EUR3M In Hotel in His Vineyard
06.10.2019
Entrepreneur Daniel Guzu, who owns both wine and fruit juice-making and construction material manufacturing businesses, last week opened the hotel he built in the vineyard he owns in Trifesti, Vrancea more
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Bucharest, a EUR150M Bet for Hotel Operators until 2021
04.01.2019
Bucharest is witnessing a boom in the hotel sector, where various companies have started work on a number of new hotels that will put about 1,200 rooms on the market by the end of 2021 and require an more
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Romania Hotel Industry Turnover At EUR1.2B In 2018; Bucharest, Among Most Dynamic European Markets
03.25.2019
The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion, according to an analysis by real estate consulting firm Crosspoint more
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Lithuania’s Apex Alliance Seeks 200 People to Hire for Its Three New Hotels in Bucharest
03.07.2019
Lithuania-based Apex Alliance group is looking for 200 to 220 people to hire for its three hotels under construction in Bucharest to be delivered in mid-year. more
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PORR Construct to Invest EUR100M in Two Hotels in Bucharest with Two Partners
02.22.2019
Austria’s PORR Construct plans to enter the hotel market in Bucharest along with two partners and build two new four-star hotels as business travel is on the rise. more
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At Least 10 New Hotels Scheduled to Open in Romania in 2019
01.23.2019
More than ten hotels with over 1,000 rooms are due to open this year, most of them in Bucharest, ZF has found from market data. more
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IT&C, Retail and Hotel and Restaurant Sectors Account for Half of New Jobs in 2018
01.08.2019
Employers hired 96,400 people in the January-October 2018, and almost half of those new hires (48%) went to work in three sectors: IT&C, retail, hotels and restaurants. more
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Local Businessman Invests EUR7M in Franchise Hotel in Suceava
12.13.2018
Stefan Mandachi, the local entrepreneur who developed the Spartan restaurant network locally, has recently inaugurated a franchise hotel with a spa center in downtown Suceava, northern Romania, more
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Hilton Garden Inn Sees Take-Up Rate at 90% in September and October
12.05.2018
Lithuania’s Apex Alliance group, which owns the Hilton Garden Inn Hotel near Romania’s central bank building in Bucharest, expects EUR4 million revenue therefrom this year. more
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Israel’s Hagag in Talks to Buy Hotel Building in Central Bucharest
12.03.2018
Israel’s Hagag group is about to buy a building on 8-10, Georges Clemenceau Street between Piata Romana and the Athenaeum in Bucharest from Romanian entrepreneur Victor Olaru, market sources to ZF. more
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Romania’s EU Council Presidency to Boost Revenue of Hotels in Bucharest
11.28.2018
The hotels in Bucharest, which will host delegations during Romania’s presidency of the EU Council, will get an at least EUR7.5 million boost in revenue, considering the 50,000 nights of more
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AccorHotels To Open ibis Politehnica Hotel In Bucharest In 2020
11.27.2018
Orbis Hotel Group, strategic partner of French group AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in capital Bucharest with its partner more
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Owner Of Aro Palace Hotel Sells Company’s Administrative HQ For EUR1.2M
11.07.2018
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Poiana Brasov Only Sees RON100M Revenue From Hotels And Restaurants
11.01.2018
Poiana Brasov, one of Romania’s mountain resorts in highest demand during winter, had 22 hotel companies operational last year, which generated some 91 million lei (EUR19.5 million) revenue, as well more