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…
The Board of Directors of THR Marea Neagră S.A. approved, in the meeting on April 30, 2026, the capitalization through sale of a portfolio of hotel assets located in the Venus and…
Transilvania Investments Alliance has reported the completion of a share swap transaction with Winners First, a company controlled by the Ciorcilă family, involving the hotel assets ARO Palace and Turism Lotus Felix.…
Hotel Peștera Wellness & Spa has achieved international recognition by being included on the prestigious “Haute Grandeur Global Awards” platform, which honors excellence in the luxury hospitality industry. This distinction solidifies the…
CCN Group, a Turkish conglomerate currently involved in the construction of four medical facilities across Romania, is preparing its expansion into the hotel and real estate sectors. The company’s president, Burak Vardan,…
An Italian consortium led by Itinera S.p.A. has been designated the winner of the contract for the design and execution of Section 4 of the Union Motorway (A8), a strategic investment valued…
Over 100 hotel units on the Romanian seaside have been put up for sale ahead of the 2026 summer season, amid owners’ fears regarding the coverage of operational costs and bank installments.…
Minor Hotels, the hospitality division of the Asian group Minor International, is strengthening its presence in the Balkans and the CIS region, designating Romania as a strategic market for development. The company…
Gura Vadului commune in Prahova county became on Thursday, April 23, the first wine tourism resort in Romania, marking the launch of a regional strategy to transform wine-growing areas into economic development…
The works on the Călărași Tourist Port, a strategic investment of approximately €17.08 million, have been completed, marking the conclusion of the Borcea Branch tourism development project. The project, carried out through…