hotels
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$12m Israeli investments in hotels
Israeli-held M.T.IL Group is planning to invest some $10-$12 million in the hotel sector this year, chairman Tonya Halpern said. M.T.IL already holds two hotels in Bucharest, Central and Ope...
Continental to fork out $18m on three hotels
The Continental hotels will welcome three new members in 2004, under an estimated investment of 17-18 million dollars in 2003 alone. Following negotiations with the Accor chain, Continental...
Americans buy hotels in Timisoara
Americans buy hotels in Timisoara
Americans buy hotels in Timisoara
Timisoara-based Continental Hotel has been recently bought from its former administrator and partial owner, Cornel Urcan, by an investor with double citizenship, Romanian and American. This...
Newcomer on the four-star hotels market
Newcomer on the four-star hotels market
Newcomer on the four-star hotels market
Promotional Interservice, a Romanian private company, will invest four million dollars in a four-star hotel to be located in Baneasa Bucharest district, but competitors think it will have a...
Axa Construct brings "spa" Hotels in Romania
Axa Construct Company will invest some $11 million in the first business mini-hotel chain in Romania, planning to raise part of the money through an issue of company shares listed on the Buc...
Axa Construct brings "spa" Hotels in Romania
Axa Construct brings "spa" Hotels in Romania
Axa Construct brings "spa" Hotels in Romania
Axa Construct brings "spa" Hotels in Romania