Minea to discuss Hilton's expansion in June

Nicolae Minea, owner of the Hilton Sibiu hotel, originally known as Palace Resort, says he will discuss a prospective expansion of the Hilton chain in Bucharest and in other major cities on June 11th. Minea, whose hotel will be officially included in the Hilton chain at the beginning of June, says if a new contract is signed, the Bucharest hotel will not be a five-star facility, considering that this segment is quite well covered at present. Last year saw the entry on the five-star market of the Radisson SAS hotel, formerly Bucuresti hotel, with a 424-room capacity, with shareholders stating their intention of becoming leaders of this segment. This would require at least 40 million euros in revenues, a level reached in the last few years by Marriott, the top five-star hotel on the Romanian market in terms of turnover. On the three and four-star segment, the Hilton chain has hotels such as Doubletree and Garden Inn, but Minea specified that it would all be decided in June. Bucharest’s Athénée Palace Hilton is controlled by businessman George Copos.