Hotel Cișmigiu in the capital, 10 years after its reopening, recorded an occupancy rate increase of 70% this year and a turnover of EUR 1.45 million, up 136% compared to last year.
In 2022, the hotel’s estimated average occupancy rate was 70%, 60% higher than in 2021, similar to 2019, the year before the pandemic. On average, a hotel guest booked 1.5 nights.
Over 80% of the accommodation unit’s guests were foreigners, a trend maintained in 2022. In total, over 10 years, more than 175.000 tourists chose Hotel Cișmigiu as their accommodation. In the 10 years of activity, the hotel’s revenues from the accommodation segment accounted for 80% of the total, with the remainder covered by the corporate events segment.
At the end of 2021, Hotel Cișmigiu’s turnover was over EUR 620,300, for 2022 it is estimated at EUR 1.45 million, and for 2023 estimates show a 15% increase.
Inaugurated in November 2012, Hotel Cișmigiu has a 110-year history, being one of the most important four-star hotels in Bucharest. The hotel has a capacity of 60 apartments, 6 conference rooms and, currently, has approximately 22 employees.
Frequently Asked Questions
What was Hotel Cișmigiu’s turnover in 2022?
The hotel recorded a turnover of EUR 1.45 million, representing a 136% increase compared to the previous year.
How many tourists have visited the hotel in the last 10 years?
Since its reopening in 2012, over 175,000 tourists have chosen Hotel Cișmigiu for their stay.
What is the hotel’s capacity for accommodation and events?
Hotel Cișmigiu offers 60 apartments and 6 conference rooms dedicated to the corporate segment.