In 2015, Dubai was visited by 14.2 million people, 7.5% more than in the previous year, the Dubai Tourism Authority announced. The growth in 2015 came despite the economic slowdown in many…
This year, Romanian pensioners will benefit from 59,641 spots for spa treatment, funded by the state social insurance budget, with the amount reaching 84 million RON, according to a decision adopted by…
This summer, the first living museum in Romania will open in an isolated village in the Apuseni Mountains with 14 inhabitants, the village of Tecșești in Alba County. The Living Museum is…
The industrial segment was the star of the Romanian real estate market in 2015. The sector was the target of more than half of the real estate investments made throughout the year,…
After a period of relative stability, insolvency threatens construction companies once again. This represents a major risk for clients who have bought or intend to buy properties before the project is completed…
The Danube Delta Biosphere Reserve Administration (ARBDD), Tulcea, announced in a press release that it proposes conducting an impact study of tourism activities in 6 coastal areas under its administration. The impact…
Last year, overnight stays in tourist accommodation structures in Romania increased by almost 16%, reaching 23.4 million, the highest growth in the European Union; however, Romania remains among the least sought-after destinations…
Happy Tour Group, owned by the GED investment fund and comprising Happy, Paravion, and Prestige Tours, recorded a turnover of 94 million EUR last year, a 40% increase compared to 2014. The…
The developer Hercesa is restarting construction work within the complex located on the site of the former Titan bread factory. The Spanish group announces an investment of 14 million euros in the…
On January 25, Hilton Worldwide launched the Tru by Hilton brand. The operator hopes the new brand will cover the midscale category in both the US and Canada. Hilton Worldwide already has…