5-star
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5-star Radisson SAS hotel delays opening
Radisson SAS, the largest 5-star hotel in Bucharest, due to become operational this year, has put off its inauguration, which was originally set for the beginning of this month. "The reasons for the delay have mainly to do with weather conditions: this year's...
Intercontinental: Economic crisis would hurt 5-star hotel market
Business travel, the prime growth driver of Bucharest's 5-star hotel market, could be at risk given the threat of a sizeable financial crisis to the corporate segment. "For now, we remain un...
Radisson SAS aims to lead the 5-star market
Tjorborn Bodin, general manager of what is set to become Bucharest's largest five-star hotel when it opens in April this year, wants Radisson SAS to become the leader of the capital's hotel...
Golden Tulip: first 5-star hotel by 2010
The Golden Tulip hotel network, which owns five hotels with a three and four-star ratings on the Romanian market, forecasts business worth over 20 million euros this year, up approximately 1...
Carmen Adamescu plans to develop two 5-star hotels
Carmen Adamescu, the majority shareholder in Rex hotel in the seaside resort of Mamaia, plans to invest in a five-star hotel in the centre of Bucharest and in another hotel in a mountain res...
Conferences account for almost half the revenues of Bucharest 5-star hotels
Conference and banqueting services account for between 30% and 50% of the turnover generated by five-star hotels in Bucharest. Investments have been made in conference halls and ballrooms by...
45% occupancy rate for the only 5-star hotel in Cluj
Opera Plaza hotel in Cluj-Napoca, the first five-star hotel on the Cluj market, expects a 60% occupancy rate this year, against the 45% rate seen in its six months in business in 2006. "This...
Adamescu family invests in tourism, buys 5-star Rex Hotel
Adamescu family invests in tourism, buys 5-star Rex Hotel