European Commission approved rescue aid for national airline TAROM On February 24, the European Commission approved rescue aid worth EUR 36.7 million for the national airline TAROM, this being the first step…
Due to climate change, this year the Ice Hotel at Balea Lac was replaced by Igloo Village. The complex has 7 double rooms, a bar and a restaurant with ice tables and…
Fears regarding the spread of Coronavirus will lead Romanians to focus on vacations in Romania for the spring and summer of this year. Given the incidence of Coronavirus cases in Europe, specialists…
Romania will benefit from European funds for tourism worth EUR 1 billion in the next financial exercise 2021 – 2027, to which is added EUR 750 million for mining areas, so that…
On February 21, 2020, British businessman Richard Branson launched his own luxury cruise company, Virgin Voyages, at a time when this sector is affected by the coronavirus epidemic. “Scarlet Lady”, a 60,000-ton…
The European Commission has approved the EUR 1 billion transaction through which AccorInvest acquires an 86% stake in the Polish hotel chain Orbis from the French group Accor, which is present with…
Bulgaria’s revenues from foreign tourists increased slightly, by 0.4%, in 2019 to EUR 3.7 billion. According to recorded data, in December 2019, international tourism revenues exceeded EUR 165 million, an increase of…
The national airline TAROM recorded losses of nearly 200 million RON in 2019, and in 2020 it will have to pay 15% advances for the acquisition of 5 Boeing MAX aircraft with…
**EXCLUSIVE** DISCOVER OFF MARKET PROPERTIES BY THE ROMANIAN BLACK SEA COAST! You can find all details on our dedicated website HOTELSFORSALE.RO Source: Fivestar Hospitality Frequently Asked Questions What are off-market properties?…
The modernization works of the Amfiteatru-Panoramic-Belvedere complex will be completed around June 15, following an investment of approximately EUR 15 million, among the largest on the Romanian seaside. The complex is expected…