hotels
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Hagi's hotel triples occupancy rate over Easter
The four-star Iaki Hotel of Mamaia, owned by former football player Gheorghe Hagi, will have 70% of its 122 rooms occupied in the period of Easter holidays. The hotel will collect at least 12,000 euros for the four days worth of business.
Head of Howard Johnson: Occupancy rate has increased, but we cannot predict the trend yet
Five-star Howard Johnson hotel in Bucharest, run by Sonia Năstase, ended the first quarter of this year with 20% higher revenues on the food & beverage segment and a 10% higher occupancy rat...
Crowne Plaza triples restaurant capacity after 3.5m-euro investment
Businessman George Copos, who owns seven hotels on the Romanian market through Ana Hotels, has opened a restaurant and a bar within five-star hotel Crowne Plaza in Bucharest, which has been...
Copos' hotels valued at 44m euros
Five-star hotels Athenee Palace Hilton and Crowne Plaza of Bucharest, three three-star hotels of Poiana Brasov and Europa and Astoria seaside hotels, cumulating 1,000 rooms, are estimated to...
Up to 90% of New Year's Eve packages already booked
Although the New Year's holiday is even in a time of crisis twice as expensive as a regular holiday, Romanian tourists have booked their winter holidays in advance, with 90% of the rooms hav...
Marriott's Cupola restaurant becomes Steak House
The biggest hotel on the Romanian market, JW Marriott, with 26 million euros in turnover last year, has closed the Cupola restaurant, which can accommodate 200, in order to renovate it, as p...
Seaside hotel owners: Summer season figures worse than last year
The owners of Romanian seaside hotels maintain that revenues collected this summer are as much as 20% lower than last year, with rooms mainly occupied during weekends.
Hilton sticks Double Tree brand on a four-star hotel in Bucharest
Hilton chain has affiliated Bucharest City Hotel four-star hotel (the former Tulip Inn), which operates 88 rooms and is controlled by Lebanese-born Raafat Sarieddine, owner of the company th...
Hotels are among the most expensive properties auctioned off by banks
Banks now foreclose and put up for sale houses and plots worth two-three million RON, although they barely manage to sell apartments worth tens of thousands of RON.