European Commissioner for the Internal Market, Frenchman Thierry Breton, has proposed organizing, in the months of September-October, a European summit dedicated to tourism, a sector heavily hit by the consequences of the…
The minimum contribution period for qualified unemployed individuals in the hotel and tourism industry is set to be reduced to 8 months, following the restriction or cessation of activities by operators in…
Airbnb has secured a new $1 billion loan, just days after obtaining similar financing, the company announced. Among the lenders for the new loan are private equity firms Silver Lake, Apollo Global…
The online travel agency eSky recorded a turnover of 7.4 million EUR in Romania in 2019, an increase of 27.5% compared to 2018, when it reported business of 5.8 million EUR, according…
Impact of Coronavirus in Tourism – Case Studies Calin Ile, President of the Romanian Hotel Industry Federation (FIHR), stated that the pandemic’s impact is dramatic; essentially, the tourism industry is going through…
A loan totaling 14 million EUR will be contracted, in equal amounts, from Banca Transilvania and CEC Bank for the construction of the Radisson Blu Hotel in Cluj-Napoca, the documents for this…
Dusan Wilms, former director of Metro Cash & Carry Romania, has opened an educational group with activities in Romania, Switzerland, and Serbia, with operations being led by Ray F. Iunnius, a professor…
Nearly 98% of hotels and guesthouses in the Danube Delta are already facing major problems due to the crisis generated by the coronavirus and will enter insolvency within a maximum of two…
Starting April 8, 2020, all foreigners entering France or French overseas territories require a travel permit, the Ministry of the Interior in Paris announced. The announced measure took effect immediately. The form…
Greek company Aegean confirms it has purchased a 25% stake in the Romanian airline operator Animawings, launched earlier this year, in a transaction worth 412,000 EUR. Animawings is set to operate on…