Palace Sinaia, which holds the Palace and Caraiman Hotels, posted some 22bn ROL in H1 turnover and estimates to make 60bn ROL in full-year revenues, about 18bn ROL more than in 2002. “The first half was quite slow and we are not on target. Bad weather is to blame, as it chased away tourists,” economic manager Iosif Plesa told Mediafax. He explained the company’s estimates for this year remained bullish, though. “We hope the reopening of the Casino in Sinaia and the connections with the ski slopes in Azuga and Busteni will help us conclude the year as we set out to,” Plesa added. Palace Sinaia logged 41.9bn ROL turnover in 2002 and more than 109 million ROL in profit. Mediafax