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Top Story

The Dayans sell the Oscar Maugsch Palace on University Square, the announced Sofitel hotel project

The Dayans sell the Oscar Maugsch Palace on University Square, abandoning the Sofitel hotel project ‌

The Oscar Maugsch Palace, a Class A historical monument located in Bucharest’s University Square, has been officially put up for sale by its current owners…

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Investment

Accor opens a new Mercure hotel in the center of Bucharest and reaches 25 units on the local market

Accor opens a new Mercure hotel in the center of Bucharest and reaches 25 units on the local market
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Aro-Palace advances works at Mercure Brasov Center with a new €2.1 million contract for installations

Aro-Palace advances works at Mercure Brasov Center with a new €2.1 million contract for installations
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American chain Chili's enters Romania with an investment of over EUR 1 million and aims to expand in malls and military bases

American chain Chili's enters Romania with an investment of over EUR 1 million and aims to expand in malls and military bases
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Hotels and restaurants

Hotel Cișmigiu to exceed €2m revenues in 2025, on the back of 8% growth in rates and occupancy

Hotel Cișmigiu to exceed €2m revenues in 2025, on the back of 8% growth in rates and occupancy
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City Grill buys historic Gambrinus and Monte Carlo buildings and earmarks €7m for investment in 2026, targeting young audiences

City Grill buys historic Gambrinus and Monte Carlo buildings and earmarks €7m for investment in 2026, targeting young audiences
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Sphera Franchise Group invests EUR 2.1 million in the first KFC network expansions in Romania and Italy in 2026

Sphera Franchise Group invests EUR 2.1 million in the first KFC network expansions in Romania and Italy in 2026
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Rep. Moldova

Republic of Moldova promotes its economic and tourism potential through a global campaign on BBC

Republic of Moldova promotes its economic and tourism potential through a global campaign on BBC
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Transactions

Announcement regarding the public tender for the sale of the ORIZONT Predeal Hotel

Announcement regarding the public tender for the sale of the ORIZONT Predeal Hotel
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The hotel in Moeciu developed by Corina Martin, put up for sale by the bank at EUR 1.8 million amid massive debts of the Mistral group

The hotel in Moeciu developed by Corina Martin, put up for sale by the bank at EUR 1.8 million amid massive debts of the Mistral group
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Tourism

Harghita 2027: 65 million RON for the future of the county's tourism

Harghita 2027: 65 million RON for the future of the county's tourism
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Bucharest beats Warsaw and Prague in luxury hotel prices, despite weaker infrastructure

Bucharest beats Warsaw and Prague in luxury hotel prices, despite weaker infrastructure
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Connectivity

Air traffic in Romania reached a record 28.5 million passengers in 2025, amid 9.6% growth

Air traffic in Romania reached a record 28.5 million passengers in 2025, amid 9.6% growth
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Strategic development at regional airports: new AnimaWings routes at Iasi and EUR 333 million investment in Cluj

Strategic development at regional airports: new AnimaWings routes at Iasi and EUR 333 million investment in Cluj
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Most read news

Pavăl Holding and Apex Alliance expand European portfolio: investments in hotel projects in Switzerland and Italy

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Sofitel returns to Romania's Oscar Maugsch Palace in the center of the capital, following a major investment by the Dayan family

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One United Properties brings Mondrian and The Hoxton hotel brands to Bucharest

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