JW Marriott boss: I expect next year to be better and have budgeted 4-6% higher turnover

From JW Marriott, the biggest five-star hotel domestically, corporate clients have this year requested events that should include a coffee break or a sandwich break at most.

“To spend less, companies are giving up the lunch break or coffee ones and opt for a single coffee or sandwich break. Requests have changed very much,” stated Israeli-born Igael Porecky, general manager of JW Marriott.

The hotel, operating 402 rooms, last year generated 26m-euro turnover and logged losses of 13.9m euros, according to Trade Registry data.

Asked how the hotel business he runs will develop next year, Igael Porecky stated he expected 2011 to be better than 2010 and that he budgeted 4-6% higher revenues, taking into account an economic revival. In his opinion, the Romanian economy will pick up when banks fund projects.

He also said the 2008 figures would not be reached again in the coming years as the market situation is now different.