Economic consultant Andrei Caramitru has published a detailed analysis of the structural problems facing tourism in Romania, a sector marked by a drop in demand and many empty accommodation units. According to…
The Federation of Employers in the Hospitality Industry in Romania (FPIOR) is calling on the Romanian Agency for Investment and Commerce (ARICE) and the Ministry of Economy, Entrepreneurship and Tourism (MEAT) to…
Bucharest's General Council has approved the introduction of a fixed tourist tax, applicable from January 1, 2026, a decision that generated an immediate negative reaction from the hotel industry. The local authorities…
Old-style Christmas, celebrated according to the Julian calendar on January 7, is an official non-working holiday in the Republic of Moldova and a central element of cultural and religious identity. The event…
Okay, so we all love a good deal, right? Getting something cheaper always feels like a win. And hotels and resorts have definitely caught on to this, offering tons of discounts to…
Premier Restaurants Romania, the operator of the McDonald's franchise on the local market, is consolidating its position as a leader in the restaurant market, operating a network of 113 establishments in 33…
Romania's hotel market is attracting a wave of capital, driven mainly by successful local entrepreneurs diversifying their businesses from other sectors. They are focusing on the development of four and five-star projects,…
A family of Romanian entrepreneurs will reopen this summer a historic hotel in the spa resort of Bad Pyrmont, Germany, after a four-year renovation process. The "Prinzess Sophie" hotel, a building built…
Major international hotel groups, such as Radisson, Accor and Marriott, are reorienting their expansion strategy on the Romanian market, favoring the conversion of existing buildings to the detriment of greenfield projects. The…
Restaurant company Crescendo has awarded a contract worth 53.87 million lei (about €10.58 million), excluding VAT, for the construction of a four-star hotel in Targu Jiu. The project will be executed by…