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Investment
03/01/2017
Dubai Emirate builds the largest marina in the Middle East

On January 3rd, the Emirate of Dubai revealed a new tourism megaproject, which involves building the largest marina in the Middle East, featuring approximately 1,400 berths for luxury yachts. “Dubai Harbour” will…

03/01/2017
Tourism
03/01/2017
Over 155,000 Romanians Spent New Year’s Eve Domestically, Spending Approximately 155 Million RON

Around 155,000 Romanians spent New Year’s Eve in domestic resorts, an increase of 7% compared to last year, spending approximately 155 million RON, 8% more than the previous year. Additionally, about 10,000…

03/01/2017
Tourism
02/01/2017
ANT: There are over 2,600 licensed travel agencies in Romania

Currently, there are 2,601 licensed travel agencies in Romania, according to data from the National Authority for Tourism (ANT), after withdrawing 1,080 licenses in the field over the past year. Additionally, another…

02/01/2017
Hotels and restaurants
31/12/2016
Hotel Carol I in Baile Herculane is for sale for EUR 1.2 million

Hotel Carol I in the Baile Herculane resort, formerly known as Hotel Traian, has been put up for sale by its owners for the sum of EUR 1.2 million. The owners specify…

31/12/2016
Hotels and restaurants
29/12/2016
Hotel Triumf Transferred from RA-APPS to Ministry of Foreign Affairs

On December 29, Hotel Triumf, under the administration of RA-APPS, was transferred to the Ministry of Foreign Affairs to serve as its new headquarters. Classified at 2 stars and with a surface…

29/12/2016
Top story
28/12/2016
General Council adopts project for Bucharest tourism promotion tax

On December 28, general councilors adopted the project proposing the establishment of a special tax for the tourism promotion of Bucharest for the year 2017. According to the draft resolution, the tax…

28/12/2016
Hotels and restaurants
25/12/2016
2-Star Hefaistos Hotels in Eforie Nord and Covasna to be Put Up for Sale

The Hefaistos Hotel in Eforie Nord will be put up for sale via auction, at a price to be determined following an analysis by an expert evaluator. Along with this asset, the…

25/12/2016
Top story
21/12/2016
Phoenicia Hotels Acquires Amfiteatru-Panoramic-Belvedere for €10M

On December 21, the Phoenicia chain, owned by businessman Mohammad Murad, purchased the Amfiteatru-Panoramic-Belvedere complex in the Olimp resort from Josef Goschy. The transaction value was approximately EUR 10 million.  Murad stated…

21/12/2016
Tourism
16/12/2016
Prestige Tours to operate charter flights to Antalya from Arad International Airport starting Summer 2017

Prestige Tours to operate charter flights to Antalya from Arad International Airport starting Summer 2017 On December 15, the travel agency Prestige Tours International announced the launch of direct charter flights to…

16/12/2016
Tourism
16/12/2016
Bucharest becomes the third regional hub where Dubai opens a tourism office

Dubai Corporation for Tourism & Commerce Marketing (DCTCM) has decided to open a representative office in Romania due to the high number of Romanian tourists who visited the Emirate during 2015: 46,700…

16/12/2016
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