Businessman Claudiu Aron, owner of the Alpin hotel complex in Poiana Braşov, has completed the renovation of the Favorit complex, which was purchased last year and modernized following an investment of 3.5 million EUR.
The entrepreneur purchased the Favorit complex in Poiana Braşov last year through a bank foreclosure, paying 1.65 million EUR for the property.
The entrepreneur is well-known in the tourism sector for the Alpin complex, which includes the 150-room Alpin Hotel, a 114-apartment aparthotel, and Casa Alpin with 25 rooms and 7 apartments, all rated at four stars.
The company Alpin 2003, which manages the Alpin Resort Hotel complex—one of the largest tourism players in the Poiana Braşov resort—ended last year with a turnover of 54.5 million RON, an increase of 48% compared to the previous year and a level nearly similar to that of 2019.
Claudiu Aron entered the business world in 1994-1995, when he won a tender for the design and construction of the Stock Exchange headquarters within the National Bank. Since then, Aron has developed other bank headquarters as well as hotels for other investors. He subsequently began building his own hotels and established the foundations of the Alpin Resort company in 2003.
Frequently Asked Questions
What was the total cost of the Favorit complex project?
The total project cost reached 5.15 million EUR, consisting of a 1.65 million EUR acquisition price and a 3.5 million EUR investment in renovations.
Which hospitality assets are included in Claudiu Aron’s portfolio?
Aron’s main portfolio includes the Alpin Resort complex in Poiana Brașov, which features a four-star hotel, an aparthotel, and the Casa Alpin boutique unit.
How has Alpin 2003’s financial performance evolved recently?
The company saw significant growth, reporting a turnover of 54.5 million RON last year, a 48% increase from the prior year, returning to pre-pandemic 2019 levels.