Revenues of Bucharest hotels grew by 5% in the first half of 2026 compared to the same period last year and stood 25.2% above pre-pandemic levels, a trend driving an investment wave expected to deliver more than 1,500 new rooms by 2028, according to data from consulting firm Cushman & Wakefield Echinox.
The performance in the first half of the year was supported by a 3.2% rise in average daily rates (ADR) and a 1.9% increase in occupancy. Compared to 2019, average rates posted an advance of 27.7%, while occupancy came within just two percentage points of the pre-pandemic benchmark. At the regional level, countries in the CEE-6 group reported an average RevPAR increase of 8.2% in the first half of 2026. Additionally, Oxford Economics forecasts point to an increase of over 8% in tourist overnight stays in the capital throughout 2026.
On the transaction front, Bucharest attracted hotel investments worth €46.3 million in 2025, a volume nearly three times higher than in 2024, underpinned by acquisitions such as the Duke portfolio and Hilton Garden Inn Bucharest Airport. In the first half of 2026, investment yields remained stable. The new development cycle covers all segments, from midscale to luxury. Openings scheduled for 2026 include the Hilton Garden Inn Militari and Tecadra Bucharest Handwritten Collection properties, totaling 225 rooms. Other projects announced through 2028 include Swissotel Bucharest, Hyatt House & Hyatt Place Nusco City, Ambasador Hotel The Julius Bucharest, Mondrian Bucharest Hotel, Wyndham Garden Bucharest, and the hotel integrated into Promenada Mall.
Frequently Asked Questions
How much did Bucharest hotel revenues grow in H1 2026?
Revenues increased by 5% compared to H1 2025 and stood 25.2% above pre-pandemic levels.
How many new hotel rooms are expected in Bucharest by 2028?
Over 1,500 new hotel rooms are projected to be added to the Bucharest market between 2026 and 2028 across various segments.
Which major hotel brands are opening new properties in Bucharest?
Upcoming projects include brands such as Hilton Garden Inn, Handwritten Collection, Swissôtel, Hyatt House, Hyatt Place, Mondrian, and Wyndham Garden.