Ibis Constanta expects over 50% take-up

Continental hotel company, which is slated for floatation this summer, has opened the chain”s thirteenth hotel, the Ibis Constanta, which has a 3-star rating. The investment in the hotel, excluding the land, amounts to 7.75 million euros. Radu Enache, the Continental chairman, said the hotel was already 30% booked and that he expected occupancy during the summer season to reach 50%-60%. “We are expecting some 1.6 million euros in receipts this summer,” he said. Located in central Constanta, the new hotel has 154 rooms, three conference halls, a restaurant specialised in Mediterranean cuisine and various leisure facilities such as a casino, bowling alley, massage parlour, fitness studio and sauna. “We have a contract with the company that operates the fitness studio at the JW Marriott in Bucharest to provide similar services for Ibis Constanta,” Enache said. The hotel is mainly being targeted at business people, but also tourists. Enache added that for now this would be the only investment by the company on the Romanian seaside. ZF