Hotel investments in Romania are stagnating due to the pandemic and the lack of tourists. Hotels that were scheduled to be built or launched are now being postponed due to the absence…
The Digital Nomad Index, conducted by the British telecommunications company Circle Loop, analyzes 85 countries based on criteria such as rent expenses, mobile and broadband internet speed and cost, to identify the…
Non-reimbursable funds amounting to 20% of the loss in turnover or volume of business, in the case of travel agencies, resulting from the activities related to the CAEN codes listed in Art.…
Over 70% Drop in Flights from European States with Significant Romanian Populations In December of this year, the number of flights from European states where a significant portion of the Romanian diaspora…
Tourism Recorded a 70% Decrease in Turnover Tourism has been one of the hardest-hit economic sectors globally, and in Romania, we are talking about a decrease in turnover of approximately 70%, reaching…
Measures taken in most European countries, the need for physical distancing, and the fact that schooling is conducted online are sending thousands of Romanians—who would otherwise have chosen ski slopes or continental…
UNTOLD, one of the largest music festivals in Europe, is expanding its business into the tourism sector, entering into a partnership with representatives of croaziere.co to organize luxury events on the Mediterranean…
Half of the Romanians who had booked stays in recent months at various hotels across the country have changed their minds and canceled their vacations. Consequently, while about 40% of hotel capacity…
Most restaurants will record decreases of at least 25% in turnover The Gault&Millau Restaurant Barometer, a project carried out in partnership with Mastercard, aims to provide answers to key questions regarding the…
Local authorities in Sinaia are requesting additional gendarme patrols and seeking support from the 21st Mountain Hunters Battalion to ensure compliance with health protection and physical distancing measures at cable transport facilities…