Turkish businessman Ishak Yagiz Delikanli has received authorization to build a nine-story hotel near the ibis Palace of the Parliament hotel and close to the Parliament hotel.
The Zonal Urban Plan approved for this project proposes the construction of an eight-story hotel, plus a technical floor, with a maximum height of 28.4 m. The maximum land occupancy rate is 50%.
Over 40 large hotels are set to appear in the next 24 months in Romania, implying at least EUR 400 million will be invested in the industry, recently stated Calin Ile, president of the Romanian Hotel Industry Federation.
Source: Profit
Frequently Asked Questions
Who is the investor for the new hotel near the Palace of the Parliament?
The investor is Turkish businessman Ishak Yagiz Delikanli, who has already received the necessary construction permits.
What are the dimensions of the new hotel project?
The hotel will feature eight floors plus a technical level, reaching a maximum height of 28.4 meters with a 50% land occupancy rate.
What is the current trend in the Romanian hotel industry?
According to the Romanian Hotel Industry Federation, over 40 large hotels are expected to open in the next two years, totaling investments of approximately EUR 400 million.