Hotel segment: Growing turnover, but profit margins affected The top ten companies owning and operating hotels in Romania recorded a cumulative turnover of nearly 286.1 million EUR in 2025, despite an unfavorable…
Salina Turda is entering an extensive expansion and modernization process worth approximately EUR 24.05 million, funded predominantly through European funds. The project represents the most significant development stage in recent years and…
Sphera Franchise Group, the largest food service group in Romania and operator of the KFC, Pizza Hut, Taco Bell, Hard Rock Cafe, and Cioccolatitaliani chains, is accelerating its expansion strategy by diversifying…
German group Delivery Hero has agreed to sell assets in 14 markets, including the Glovo business in Romania, to US private equity firm SSW Partners for approximately €1.4 billion, according to data…
German group TUI, the world’s largest integrated tourism group, is expanding its presence in Romania by opening its first owned agencies and analyzing the possibility of operating local hotel units. The group’s…
In an analysis published by Hotel Business Review, executive leadership at Conrad New York Downtown and Tempo by Hilton Times Square emphasizes that artificial intelligence (AI) will not replace hospitality professionals, but…
The Republic of Moldova has published the National Tourism Development Program “Tourism 2029” in the Official Gazette, a four-year strategic plan aimed at transforming the sector into an engine of economic growth.…
The Cota 1400 hotel in Sinaia will reopen on August 5 under the international Radisson Blu brand, following an extensive conversion and expansion process. The building, considered a historic monument dating back…
The Golden Tulip Ana Tower hotel in Sibiu is changing its name and will operate under the Courtyard by Marriott brand, marking the accommodation’s entry into the network of the giant Marriott…
Wizz Air marks 20 years of presence in the Romanian market, consolidating its leadership position with a market share of approximately 50% and estimating putting on sale around 18 million seats in…