Rasova Winery invests EUR 5 million in a hotel

The George and Zoe Ghiuri family, owners of Rasova Winery, intend to expand their business on the banks of the Danube, near Cernavodă, by building a tourist complex estimated at approximately EUR…

Asset swap at Transilvania Investments

Transilvania Investments Alliance has completed a major portfolio restructuring transaction, acquiring an additional 10.25% stake in Aro Palace Brașov from Winners First and, in exchange, selling a 69% stake in Turism Lotus…

Romanian tourism drops by 6.7% in Q1 2026

Romania recorded a 6.7% decrease in the number of tourists in the first quarter of 2026, ranking second to last in the European Union regarding the evolution of this sector. This negative…

First AC Hotel in Romania to open in Baia Mare

Compania Ultrarentmaramures, deținută de Ștefan Dărăbuș, va investi aproximativ 10 mil. EUR în dezvoltarea primului hotel sub brandul AC Hotels by Marriott din România, amplasat în centrul istoric din Baia Mare. Proiectul,…

Romanian hotel market grew to EUR 2.2 billion

The Romanian hotel industry recorded a 16% increase in turnover in 2025, reaching EUR 2.2 billion, according to Crosspoint estimates. This growth was mainly supported by the increase in accommodation rates, in…

OMD Bucharest must be operationalized urgently

The rapid operationalization of the Bucharest Destination Management Organization (OMD) is essential for improving the promotion of the Capital and streamlining Romania’s participation in international tourism fairs. The Ministry of Economy, Digitalization,…