The Mogotel Group, an international hotel operator based in Latvia, aims to enter the local market and plans to open 20 hotels in Bucharest and throughout the country. With a presence in nine countries and 24 hotels under management, the group is in discussions with local investors for expansion in Romania.
The hotel group works with major hotel networks such as Accor, Marriott, Hilton, IHG, Wyndham, Hyatt, Radisson, Louvre Hotels, but also has its own brands, like Rixwell, Welton, and Rija.
Mogotel is interested in major cities such as Bucharest, Cluj, Timișoara, Brașov, Arad, Oradea, Sibiu, Iași, Craiova, Constanța, Galați, Pitești, Bacău, as well as resorts like Sinaia and Mamaia.
The group plans for next year to take over two existing hotels and, in the following years, to be present in all of Romania’s major cities.
Mogotel has over 20 years of experience in the European hotel services sector and is present in Latvia, Estonia, Ukraine, Germany, Poland, Slovenia, Hungary, Slovakia, and Bulgaria.
Frequently Asked Questions
What is Mogotel’s expansion goal in Romania?
Mogotel aims to operate approximately 20 hotels in Bucharest and major Romanian cities through partnerships and its own brands.
Which international hotel brands does Mogotel collaborate with?
The group partners with major networks including Accor, Marriott, Hilton, IHG, Wyndham, Hyatt, Radisson, and Louvre Hotels.
What is the timeline for Mogotel’s entry into the Romanian market?
Mogotel plans to take over its first two existing hotels in Romania by next year, with further expansion following in subsequent years.