More than 560 accommodation or leisure facility projects were in various stages of development at mid-year, according to an IBC Focus analysis, which monitors construction sites nationwide. Of these, only about 170…
One United Properties has received the building permit and will start the construction works for the Mondrian Hotel in Bucharest, marking an important step in the development of the first lifestyle hotel…
Lion Capital (LION) has reported a 40.1% stake in Grand Hotel Bucharest (RCHI), formerly Intercontinental. The management of GRAND HOTEL BUCHAREST BUCHAREST S.A. “the Company” informs the market about the receipt from…
Ecotourism in Romania represents a way of traveling to natural destinations, featuring protected areas as well as local traditions. This type of tourism emphasizes respect for the environment and active learning, involving…
The thermal spa in Livada de Bihor, located near Oradea, has become an attraction for tourists from all over the world this summer. It was built in 1983, but since the early…
Cramele Recaș, one of the largest local wine producers and the leading wine exporter, has announced its expansion into Romania’s largest viticultural area through the acquisition of a portion of the shares…
The Republic of Moldova, an as-yet undiscovered European travel destination, is attracting international attention through a seven-page article published in the July edition of Wanderlust magazine, one of the UK’s most prestigious…
Businessman Gheorghe Nețoiu, a former MP and shareholder of the Universitatea Craiova and Dinamo București football clubs, has sold his stake in the complex housing the famous “Doi Cocoși” restaurant in northern…
The French group Accor reported revenues of EUR 2,677 million for the first half of 2024, an 11% increase compared to the first half of 2023. This growth is divided into a…
The City Grill restaurant group ended the first half of 2024 with a turnover of 31 mil. EUR, up 18% on the same period last year. The company announced that it will…