The European Bank for Reconstruction and Development (EBRD) has granted Erste Bank Croatia a loan of up to €100 million, funds that will be used to finance tourism companies active in the…
The Vila 23 Snagov hotel complex, rated 4 stars, is back on the market for EUR 3.8 million. Initially, the complex was listed for approximately EUR 6.5 million, later being re-offered at…
The Austrian company Immofinanz is preparing the necessary documents for the construction of a hotel within the Iride office complex, located across from the Pipera metro station, on the same street as…
The travel agency Paralela 45, controlled by Alin Burcea, may merge with Invitation Romania, owned by Gheorghe Fodoreanu, one of the main Romanian tour operators specialized in incoming tourism—specifically, bringing foreign tourists…
Hospitality Culture Institute Outlines 2020 HoReCa Industry Trends Automation, the increasing role of technology, human resource shortages, sector development through new investments, and the growth of the delivery segment are among the…
In 2019, the travel agency Eximtur recorded sales of approximately 71 million EUR, an increase of 10% compared to 2018. The main drivers of the recorded growth were holiday vouchers and online…
Businessman Victor Voichin, owner of the Horoscop Hotel in Bucharest, has also put the hotel of the same name in the town of Gaesti up for sale. The owner of the Horoscop…
French hotel group Accor is expanding its presence on the Romanian market by opening a Tribe hotel—a brand under which only one other hotel currently operates worldwide—and the Adagio aparthotel concept, both…
As every year, in the last week of January, the Restocracy Awards for the best restaurants in Bucharest in the year just ended are presented. This year we had a double award…
The total number of tourists who visited the Danube Delta in 2019 remained close to the same record level recorded in 2018, but the decrease in the number of foreign tourists observed…