Bega Turism from Timisoara, controlled by the Cristescu brothers, plans an 8 million EUR investment in a large-capacity hotel unit on the Timisoara market, according to company officials.
This year, the Cristescu brothers invested 10 million EUR in a 200-room ibis hotel, opened at the beginning of March. The construction of the hotel, which also operates a space dedicated to events, lasted two years and it was affiliated with the Accor group.
Frequently Asked Questions
Who is investing in the new hotel in Timisoara?The investment is being made by Bega Turism, a company controlled by businessmen Emil and Marius Cristescu.
What is the value of the new hotel investment?The estimated value of the new large-capacity hotel unit is 8 million EUR.
What other hotel project did the Cristescu brothers recently complete?Recently, they inaugurated the ibis Timisoara hotel, a 10 million EUR investment affiliated with the international Accor group.