Romania will host, for the first time, the South East Europe Semifinal of the S.Pellegrino Young Chef Academy competition, a landmark event dedicated to discovering and promoting the next generation of culinary…
The airline AnimaWings has concluded a strategic agreement through which institutional investors BT Asset Management SAI (part of the Banca Transilvania Financial Group), Winners Holding Investments, and EVERGENT Investments are acquiring a…
The Bucharest hotel market recorded the highest dynamic in Central and Eastern Europe (CEE-6) in 2025, reporting a 12% annual growth in revenue per available room (RevPAR). According to an analysis by…
The Ministry of Economy, Digitalization, Entrepreneurship, and Tourism (MEDAT) has released for public consultation a new set of norms for the classification of accommodation and public catering units, replacing regulations from the…
Sphera Franchise Group has marked the entry of the Taco Bell brand into the Republic of Moldova market by inaugurating its first restaurant in Chișinău, strengthening its regional presence. This opening comes…
Three Romanian investment entities, co-founded by Horia Ciorcilă, have signed a strategic agreement to acquire a 50% stake in the airline operator AnimaWings from brothers Cristian and Marius Pandel. The transaction, which…
Uber is diversifying its global portfolio by integrating hotel booking services directly into its own application, marking a major strategic shift in its business model. This expansion, achieved through a partnership with…
The Republic of Moldova aims to modernize its spa sector by aligning with European standards and strengthening its strategic partnership with Romania. During the event “Development of Spa Tourism in the Republic…
The expansion of Promenada Mall in northern Bucharest is evolving into a major mixed-use project that will integrate a 4-star hotel and office spaces, following an investment of approximately €282 million. The…
Cloudbeds released the “2026 Independent Hotels Report,” a global benchmark based on 90 million bookings from 180 countries, signaling a period of intense structural pressure on independent hotels. With global RevPAR (revenue…