The 3-star Hotel Oxford in Timisoara, owned by Gheorghe Alexandru Ana, has been put up for sale for EUR 1.49 million.
The hotel was inaugurated in 2007 and was completely renovated seven years later, in 2014. The unit has 50 beds in 18 rooms, two conference rooms, and a restaurant with 80 seats.
The company operating the hotel had a turnover of RON 1.4 million last year and a net profit of RON 408,866, double that of the previous year.
Company representatives stated that the hotel had an occupancy rate of nearly 79% last year.
Source: Profit
Frequently Asked Questions
What is the asking price for Hotel Oxford?
The hotel is listed for sale at 1.49 million EUR.
What facilities does the hotel offer?
Hotel Oxford features 18 rooms with 50 beds, two conference rooms, and an 80-seat restaurant.
What was the hotel’s financial performance last year?
The operating company reported a turnover of 1.4 million RON and a net profit of 408,866 RON, with a 79% occupancy rate.