Continental Hotels Group has announced the reopening of the Continental Forum Oradea hotel following an extensive modernization and reconfiguration process, with an investment estimated at approximately €4 million. The project aimed to align the four-star unit with current comfort standards, targeting all 168 rooms as well as the technical infrastructure, common spaces, and operational areas.
The average investment was €24,000 per room, with the renovation process including the reconfiguration of accommodation spaces, full modernization of bathrooms, installation of fire-resistant doors, and updating of access systems. The rooms were equipped with new or refurbished furniture, smart TVs, and modern lighting fixtures. The total value of the investment varies by source, reported at either €4 million or 20 million RON (equivalent to €3.92 million). Additionally, there is conflicting information regarding the project timeline: although the hotel has reopened, one source indicates that full completion is scheduled for April 2026, following the start of execution in November 2024.
Radu Enache, CEO of Continental Hotels, stated that the group’s priority is to consolidate performance and ensure a consistent guest experience, rather than achieving a fixed capital recovery horizon. The modernization also included optimizing the food & beverage segment through the acquisition of new professional equipment designed to streamline services, particularly in the breakfast area. The hotel is now positioned as a benchmark for the corporate and urban leisure segments in the region.
With 35 years of experience in the local market, the Continental Hotels group currently operates 12 hotel units, totaling 1,754 rooms in cities such as Bucharest, Arad, Constanta, Oradea, and Sibiu. The company’s portfolio includes proprietary brands ranging from two to five stars, including Grand Hotel Continental, Continental Forum, MyContinental, and Hello Hotels, alongside a diversified network of restaurants and venues under brands such as Concerto, Balkan Bistro, or Tekaffe.
Frequently Asked Questions
What was the investment value for the hotel’s modernization?
The total investment is estimated at approximately €4 million (20 million RON), representing an average of €24,000 per room.
Which facilities were modernized at Continental Forum Oradea?
The project included the renovation of all 168 rooms, bathroom upgrades, the installation of smart systems, and the optimization of the food & beverage area.
How many units does the Continental Hotels group operate in Romania?
The group currently operates 12 hotel units in key cities, totaling 1,754 rooms under various proprietary brands.