On March 31, Chinese insurer Anbang Insurance Group announced it decided to withdraw its approximately $14 billion offer to acquire Starwood Hotels & Resorts Worldwide. Reasons for withdrawal were not specified, but…
Arrivals registered in tourist reception establishments in February 2016 totaled 630.7 thousand, an increase of 19.2% compared to the same period in 2015. Of these, 79.4% represented arrivals of Romanian tourists and…
In 2015, the Port of Constanta was transited by 31,856 passengers, being designated the number 1 destination in the Black Sea basin by number of passengers. The following positions are held by…
In 2015, Germany was visited by 801,705 Romanian tourists, an increase of over 10% compared to 2014, and by 2030, their number will double, according to an estimate made by the marketing…
Alexandra Copos, daughter of businessman George Copos, has resigned from the position of President-CEO of Athenee Palace SA, the company that owns the 5-star Athenee Palace Hilton hotel in Bucharest. In the…
The President of the Association of Greek Tourism Enterprises (SETE), Andreas Andreadis, estimates a record number of 25 million visitors for this year, as well as additional revenues amounting to €800 million.…
The city of Brasov will have a new mall, under the AFI brand, located in the center on the Hidromecanica platform. Following the completion of the land acquisition procedure, AFI Europe Romania…
The Bucharest-Ilfov area is the perfect place for those interested in the real estate market. For clients, the most varied offers can be found here. For builders, developers, or simple workers, this…
Demand for circuit tours increased by 15% in 2015 compared to 2014, with thematic tours being the most attractive to Romanians. This upward trend continues this year, with bookings made in the…
On March 28, the low-cost airline Blue Air inaugurated the Cologne-Sibiu route, which will be operated twice a week, on Mondays and Fridays. This is the airline’s second destination to Germany from…