04.02.2014

Businessman Radu Enache, the owner of the Continental hotel chain, one of the largest in Romania, says he targets a 10% revenue growth this year from EUR21 million last year. However, Continental will more

03.25.2014

Radisson Blu and InterContinental are two of the 5-star hotels of Bucharest where Coca-Cola is present exclusively, while JW Marriott has an exclusivity contract with Coca-Cola’s main rival, more

03.03.2014

Almost 6,400 rooms of Romanian hotels operate under an international brand, with 56% of units located in Bucharest and the rest in other large cities of the country, according to a ZF survey. more

02.20.2014

The Hilton hotel in Sibiu, the only five-star hotel in the city, targets an average occupancy rate of at least 77% this year, from 67% in 2013, says general manager Nicolae Aron. more

11.12.2013

Bucharest’s five-star hotels want to accommodate over 1,500 guests in their restaurants and event halls for the New Year’s Eve party. Prices start from 200 lei (EUR45) per person and can reach up more

11.03.2013

The occupancy rate of Romanian hotels at the beginning of the year stood at 28% from 35% 2008, average accommodation prices have declined 15%, and profitability dropped by more than 19%, according to more

09.30.2013

Romanian businessman George Copos plans to invest EUR5.4 million in his tourism business in 2014. more

06.23.2013

Hungarian group Danubius Hotels registered loss before taxation of HUF23 million (340,000 lei) in Romania in the first quarter of 2013, down one third on the year, as revenues increased 13% supported more

05.21.2013

Romania’s tourism sector needs major investments because its accommodation capacity, from student camps to five-star hotels, is below 2% of the country’s population, hotel consultant Paul Marasoiu more

02.26.2013

Prices of hotels and guest houses in Romanian cities have declined due to the crisis to levels similar of those for luxury homes, according to real estate portal SpatiiComerciale.ro. more

01.09.2013

Romania might introduce a lump-sum tax to target only some services, including bread-and-breakfast units, hotels, restaurants, beauty salons and carwashes, Romanian Minister-delegate for Tourism and more

12.31.2012

Three new hotels opened this year in Romania, following overall investments of more than EUR33 million over several years. more

11.12.2012

Over half of Romanian restaurants are currently unprofitable and about 50,000 employees in this sector will lose their jobs if they close down, Mohammad Murad, president of the Federation of Tourism more

10.24.2012

Most of Romania’s two-star hotels will disappear from the market in the next years because of low demand, and will either be modernized and reclassifies or demolished, according to tour operators. more

09.26.2012

Hotel owner Josef Goschy has failed in his attempt to sell several of the hotels he owns in Romania, and plans to promote them in China, Russia and the Arab countries. more

09.11.2012

Hotel owners have called on the Tourism Ministry to explain why it is requiring them to give away tourists’ confidential information via the integrated system for tourist registration (SIET) and more

09.07.2012

The experience of tourists travelling from the airport to the city and back influences the perception of Bucharest and of the country, so all the details of a trip, including the transfer service need more

08.17.2012

Josef Goschy, who owns 3,500 hotel rooms, says revenues collected by Unita Turism amounted to 30 million lei (around EUR6.7 million) between January and August, 15% more than in the similar period of more

03.13.2012

The number of Romanian hotels and boarding houses up for sale at the seaside and in mountain areas rose 30% this year compared with the number registered last fall, with prices ranging from EUR11,000 more

12.23.2011

Tariffs charged by hotels in Romania were reduced by 30% this year, despite tax hikes and higher workforce costs, federation of employers in the tourism sector FPTR said in a press release Friday. more

12.01.2011

Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was signed with 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

11.10.2011

Tens of hotels built in Romania over the past 10-12 years, mainly by people who don’t usually invest in tourism, and which are not efficient, are now put on sale for very high sums, says Radu more

10.17.2011

Lebanese-born businessman Mohammad Murad intends to invest some EUR20 million over the next two years in four hotels on the Romanian Black Sea coast, and sell other five hotels he owns in seaside more

09.19.2011

The football match between Romania’s champions Otelul Galati and Manchester United on October 18 is lifts the spirits of Bucharest hotel operators as talks to provide accommodation to the English more