occupancy
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Major hotel chains bet on Romanian market despite lower occupancy rate
Major hotel chains like Marriott, Hilton, Wyndham and Starwood plan to affiliate new hotels on the Romanian market, even though a number of the big hotels registered lower occupancy rates this year.
InterContinental expects occupancy rate to shrink
InterContinental five-star hotel in Bucharest expects its occupancy rate to shrink this year due to the global crisis and tightening domestic competition, with the lower number of guests to...
Sofitel forecasts lower occupancy rate
Corporate contracts to provide accommodation for expats over a long period, generate 90% of revenues of Bucharest's Sofitel hotel (managed by the Accor group), according to company represent...
Iaki hotel in Mamaia targets 90% occupancy rate this summer
The four-star hotel Iaki in Mamaia, owned by the former footballer Gheorghe Hagi, estimates an approximately 85-90% occupancy rate for the summer season, a 10-15% increase against July and A...
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...
Sofitel needs 65-75% occupancy rate
Exceeding the 75% threshold is difficult given the lack of tourist attractions and of large conference centres. "The reason we are 'stuck' with this occupancy rate is very simple. Hotels are...
TAROM's occupancy rate below the European average
National airline TAROM registered just 1.1 million passengers over the first 11 months of 2006, only managing figures higher than the national airlines of Slovenia and Serbia, according to t...
100% occupancy rate for BBP
100% occupancy rate for BBP
British Airways boasts 85% occupancy rate for its flights
British Airways boasts 85% occupancy rate for its flights