Nicolae Minea expects 5m euros from Hilton Sibiu

Businessman Nicolae Minea this year expects 5m-euro revenues, up 67% from last year, from Hilton Sibiu five-star hotel (the former Palace Resort&Spa), in which he invested 25m euros for the affiliation to Hilton international chain. “With integration into the Hilton chain, the occupancy rate and the hotel’s revenues went up, with the hotel witnessing an increase of around 30% in turnover from 2008,” stated Dana Modrescu, marketing & PR manager with the hotel, which operates 115 rooms and apartments, 4 restaurants, one bar and 5 conference halls. A spa centre has been recently opened in the Sibiu hotel, on a 1,500 square metre area. The hotel accommodates both businesspeople, of whom 15% are foreigners, but also tourists. Unlike the Bucharest five-star Hilton hotel, operating under a management contract, the Hilton hotel of Sibiu operates under a franchise system, allowing the owner to appoint his own management team. The Sibiu hotel employs 125 people.