Recently, businessman Josef Goschy sold Hotel Sport in Cluj for EUR 4.8 million to SIF Moldova; however, he stated that he did not see any of the money, as the entire amount…
Alin Burcea, the owner of Paralela 45, estimates revenues of over €45 million for this year, a 10% increase compared to last year when the company recorded €40 million in receipts. In…
Real estate investments have gained momentum in the last year, a trend that will continue in 2016, when a record area of over 700,000 sqm will be delivered. More than 800 million…
Construction of the 11th Ice Hotel has begun at Balea Lac. This year, the hotel will feature 14 rooms named after European states. The hotel, the only facility of its kind in…
Currently, Russia is a priority for the strategy of attracting foreign tourists to Romania, especially for balneo, SPA, and wellness, stated the president of the National Authority for Tourism (ANT), Anca Pavel-Nedea.…
According to data provided by Tripsta, Romanians chose Vienna, Copenhagen, and Athens as their main destinations for the Christmas and New Year holidays. Other chosen destinations include Berlin, London, Frankfurt, Rome, Ponta…
MasterCard announces the launch of the priceless.com platform for MasterCard and Maestro cardholders in Romania. Thus, starting in November, they can benefit from advantages and privileges in vacation and business destinations such…
The National Authority for Tourism, ANT, will enter into a partnership with Google, on whose platforms it will upload free films and other projects created by the authorities for the tourism promotion…
Arrivals recorded in tourist reception structures in October 2015 totaled 811.1 thousand, an increase of 13.3% compared to the same month in 2014. Of these, Romanian tourist arrivals represented 75.9%, while foreign…
The establishment of a Ministry of Tourism is not justified when the industry accounts for 2% of GDP, and what we need to do is increase incoming tourism, stated the president of…