George Copos sold Hotel Astoria in Eforie Nord for EUR 2 million

Businessman George Copos sold the 3-star Astoria Hotel in Eforie Nord, which has a capacity of 120 beds, to the Hermes company from Medgidia for EUR 2 million. Hermes also owns the Azur Hotel in Eforie Nord.
The businessman intends to invest the proceeds from the sale into modernizing the Europa Hotel in the same seaside resort, which will feature a pool with water from Techirghiol starting next year. The investment in the pool amounts to EUR 500,000.
Ana Hotels announced investments in a modern outdoor treatment area with mud and saltwater at the Europa Hotel for the end of the year, and several investments to ensure the premium quality of the product in the near future.

Source: Profit

Frequently Asked Questions

Who bought Hotel Astoria from George Copos?

The hotel was purchased by the Hermes company from Medgidia for EUR 2 million.

What will the proceeds from the sale be used for?

George Copos plans to invest the money in modernizing the Europa Hotel, including a new pool with Techirghiol water.

What new facilities are planned for Hotel Europa?

Planned facilities include a pool with Techirghiol water and a modern outdoor treatment area with mud and saltwater.