hotels
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Seaside hotels Rex, Europa and Iaki, 10m-euro turnover
The three hotels together (the four-star Europa and Iaki and the five-star Rex) can accommodate over 400 guests. Three of the best-known hotels on the Romanian seaside, Iaki (owned by former...
Hotels in Bucharest more expensive than in Berlin
Hotels in Bucharest are around 40% more expensive than in Berlin, and 50% more expensive than in Ankara, with prices being, however, lower than in Moscow, Zurich and London, according to a D...
Owner of Ramada Nord in Bucharest doubles hotel's capacity
Bucharest's Ramada Nord hotel will expand its accommodation capacity by 106 rooms, in the wake of an around 2 million-euro investment, with the new rooms to become available in the autumn. T...
Bodo: Continental Hotels exit, his most difficult deal
Francisc Bodo, former chief investment officer with GED private equity company, says the exit from Continental Hotels was the most difficult deal he has participated in, with the listing of...
From beer to hotels and clinics
Gheorghe Grec, one of the founders of beer producer Bere Mures (which was sold to Heineken), has decided to use part of the 35 million euros collected from Heineken to buy back four-star hot...
Dragos Popescu, Concept Hotels: Sacrificiile si riscurile financiare asumate sunt regula jocului care a fost acceptata de la inceput
"Pornind de la zero au fost si vor fi si sacrificii si riscuri financiare, dar aceasta este regula jocului ce a fost acceptata de la inceput. Trebuie sa iti asumi responsabilitati, in primul...
Caro Hotels targets 6.8m-euro turnover
Caro hotel complex, which incorporates 160 two, three and four-star rooms, developed on the site of a former glucose plant, has budgeted turnover worth 6.8m euros for 2008, up around 35% yea...
Caro Hotels: Fiecare brand care va intra pe piata va mai zdruncina putin hotelurile independente
"Anul trecut am avut o cifra de afaceri de cinci milioane de euro, iar avansul din acest an va veni pe fondul intrarii in folosinta in luna mai a noii aripi de patru stele, de 55 de camere",...
Octavian Lazar, Caro Hotels: Fiecare brand care va intra pe piata va mai zdruncia putin hotelurile independente
Complexul de hoteluri Caro, care include peste 160 de camere de doua, trei si patru stele dezvoltate pe locul fostei fabrici de Glucoza, si-a bugetat pentru acest an o cifra de afaceri de 6,...