Booking.com and Airbnb are on the verge of disappearing in Romania due to a legal text already advanced to the decision-making forum of deputies, which no longer allows individuals with unclassified apartments…
National Geographic has included Transfagarasan on a list recommending “The 10 most spectacular car trips in the world.” In 2017, National Geographic included Transfagarasan in the “Top of the most beautiful mountain…
On September 27, Saudi Arabia announced that it will begin issuing tourist visas for the first time, as part of efforts to diversify its revenue sources, currently entirely dependent on oil. Until…
Turism Felix, a company controlled by SIF Transilvania, aims to buy back 1% of its share capital. It is the 3rd company in the hotel industry to initiate a buy-back program since…
Ionut Nedea, the owner of the Litoralulromanesc.ro portal, is expanding into the luxury hotel-style apartment segment, after entering the hotel market this summer by purchasing the Opal Hotel in Cap Aurora. He…
The German division of the British tourism and travel group Thomas Cook filed for insolvency on Wednesday to separate its brands and operations from the parent company, announcing that it is in…
American bank Goldman Sachs has sold, after 4 years, the hotel it owns in Bucharest, K+K Elisabeta, to InterGlobe, an Indian conglomerate with operations in aviation, hospitality, and travel across 16 countries…
On September 25, 2019, the new airport in Beijing was inaugurated, an ultra-modern starfish-shaped construction. Daxing International Airport, located 46 km from the capital’s center, is expected to operate at full capacity…
The Vila 23 Snagov hotel complex, rated 4 stars and built on the shores of Lake Snagov, is back on the market, but at an even lower price. Thus, after the price…
On September 23, 2019, the world’s oldest travel company, Thomas Cook, announced its bankruptcy after negotiations to save the firm failed. „Despite considerable efforts, discussions between the various parties participating in the…