Frequently Asked Questions What is the value of the Rainbow Tours and Paralela45 deal? The transaction is estimated at approximately EUR 16 million, with the merger scheduled for completion in May 2025.…
Frequently Asked Questions Who is the current operator of Courtyard by Marriott Floreasca? The hotel is currently operated by the Lithuanian group Apex Alliance under a franchise agreement with Marriott International. What…
City Grill Group, the largest Romanian-owned restaurant chain, reported a consolidated turnover of €90 million for the year 2025, setting a 2026 goal of €100 million. The performance of the group founded…
Frequently Asked Questions What is the occupancy rate of Central Suites? In its first year of operation, Central Suites achieved an average occupancy rate of 60%, with a high customer return rate…
Sighișoara will host, from March 18–19, 2026, the 20th edition of the Infrastructure Conference, a strategic event organized by the Railway Club at the DoubleTree by Hilton - Cavaler Hotel. The meeting…
The Republic of Moldova has launched a new strategic initiative to promote premium viticultural products on the United Kingdom market through an exclusive event held in London. Organized by the Embassy of…
The Romanian Hotel Industry Federation (FIHR) has launched a project worth approximately 490,000 EUR, focused on modernizing social dialogue and developing professional skills in the hospitality industry. The program aims at the…
By 2026, hotel industry operators will transition from providing accommodation spaces to developing experience-centric ecosystems, according to the conclusions of the "Hotel 2026" forum organized by the Hospitality Culture Institute. The event,…
Florea Group, the Alba-based holding founded 30 years ago by brothers Marcel and David Florea, reported a consolidated turnover of approximately 75 million EUR for 2025, with its evolution significantly marked by…
Romania's hospitality industry reached its highest level of hotel overnight stays in three decades in 2025, exceeding 2024 volumes by nearly 1%. According to the annual report by consulting firm Colliers, the…