hotels
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Clients are coming back, Q1 hotel occupancy rate reveals
The occupancy rate of the hotels in Bucharest, one of the biggest indicators of the hotel business, witnessed an average increase rate of 5% in the first quarter of this year after having se...
Five of the biggest hotel owners say their hotel asset value dropped by 25-50% in 2009
Five of the biggest hotel owners in Romania, Josef Goschy, George Copos, Radu Enache, Mohammad Murad and Ionut Negoita, say their hotel assets lost between 25% and 50% in terms of value in 2...
25m-euro lower revenues in 2009 for five major hotel owners
Five of the largest hotel owners in Romania, George Copos, Mohammad Murad, Josef Goschy, Ionut Negoita and Octavian Lazar, holding together more than 8,000 rooms in Romanian hotels, that is...
Copos posts 26 million euros in revenues from seven hotels
George Copos, the owner of seven hotels with 1,000 rooms part of the Ana Hotels company, posted 26% decline in turnover in RON last year, the steepest decline of his hotel business in recent...
Goschy: Buyers want to get hotels put up for sale almost for free
Businessman Josef Goschy of Timisoara, one of the biggest hotel owners in Romania, who put out for sale 651 rooms in hotels in Suceava, Cluj, Targu-Mures and the seaside, maintains he has be...
Goschy: I have no cash, but I haven’t fired anyone
Josef Goschy, who controls 25 hotels on the Romanian market, says he has not managed to sell any of the 6 properties he has put up for sale and which should have brought him 25m euros.
Romanian seaside trying to attract over one million tourists this year
Dominated by hotels built before 1989, with an accommodation capacity three times lower than the Bulgarians', the Romanian seaside is struggling during this season to attract over one millio...
Flood of hotels put up for sale
The start of the year coincided in the hospitality industry with a flood of hotels put up for sale by their owners in Bucharest, the seaside, the mountains or other cities, in the context wh...
Radu Enache invests 45 million euros in two hotels near Carol Park
Businessman Radu Enache, who controls Continental hotel chain, whose turnover stood at 27 million euros last year, plans to develop two hotels and a conference centre in Bucharest, for which...