APX Hotels Group has acquired the former Libra Hotel in Sibiu for EUR 1.85 million, with Hermanns Hotel set to open this summer. Renovation works are nearly complete, so the first guests are expected starting July 2021.
Hermanns Hotel will be classified as a 4-star establishment, catering to both business and leisure clients. It will feature a capacity of 71 rooms, 2 conference rooms for 45 and 100 people respectively, and a modern Spa center – equipped with an indoor pool, sauna, hammam, steam bath, massage rooms, salt room, relaxation area, and fitness room.
The hotel’s restaurant, named Restaurant Fain – specializing in Italian cuisine – will have a capacity of 100 people indoors and 80 people on the terrace.
The former Libra Hotel was in an advanced state of decay and required, following the acquisition, an investment in renovation estimated at approximately EUR 5 million.
Currently, APX Hotels owns five 4-star hotels, including 3 hotels in Bucharest: Union Plaza Hotel 4 stars, Filitti Boutique 4 stars, Venis Boutique 4 stars, 1 hotel in Vulcan, Brasov county – Wolkendorf BioHotel & Spa 4 stars, and 1 hotel in Sibiu: Hermanns Hotel 4 stars.
Frequently Asked Questions
What is the new name of the former Libra Hotel in Sibiu?
The former Libra Hotel has been rebranded as Hermanns Hotel following its acquisition by APX Hotels.
How much did APX Hotels invest in the renovation of Hermanns Hotel?
Beyond the acquisition price of EUR 1.85 million, the group invested approximately EUR 5 million in extensive renovations.
What facilities does Hermanns Hotel offer?
The 4-star hotel offers 71 rooms, two conference halls, a modern Spa center with an indoor pool, and an Italian restaurant called Restaurant Fain.