Romania was the most profitable market for the low-cost airline Wizz Air in the most recent financial year, generating a gross profit before interest (EBIT) of approximately EUR 123.6 million for Wizz…
Romania was the most profitable market for the low-cost airline Wizz Air in the most recent financial year, generating a gross profit before interest (EBIT) of approximately EUR 123.6 million for Wizz…
The Accor hotel group is significantly expanding its operations in Southeast Europe by signing a franchise agreement in the Republic of Moldova for an MGallery hotel. The group has signed a franchise…
New Year’s Eve bookings in mountain resorts have reached half of last year’s levels, with the main causes being tourism restrictions—closed restaurants and the ban on parties with more than 20 guests—as…
Businessman Dragoș Anastasiu, owner of the Green Village Resort in the Danube Delta and shareholder in the Valea Verde resort in Cund, Mureș County, is attempting to attract corporate employees working from…
As of July 31, 2020, compared to the same period of the previous year, the tourist accommodation capacity increased by 0.4% in the number of accommodation places and by 2.5% in the…
Ocna Șugatag in Maramureș County has been certified as a tourist resort of national interest, according to a Government Decision approved on Thursday, alongside 12 localities certified as tourist resorts of local…
If you are in a leadership position or a hotel owner in Romania, do not miss the STR presentation featuring data from Bucharest, Cluj-Napoca, and Timișoara versus other European markets. Find out…
Senate Blocks Blue Air Loan Approval The Senate has rejected the provisions of the emergency ordinances, approved by the Government, through which a 300 million RON loan is granted to the low-cost…
Arini Hospitality develops the Mercure & Ibis Styles Sibiu Park Arini project According to a statement from Compa Sibiu (CMP) to the Bucharest Stock Exchange (BVB) on November 12, shareholders are convened…