The Radisson hotel chain will open a new luxury hotel in Bucharest, as part of the Central District Lagoon City real estate project developed by the local company Forty Management.
The new hotel, Radisson Lagoon Hotel Bucharest, will feature 323 rooms, a spa, 1,100 sqm of private sandy beach and access to a lagoon of over 10,000 sqm, restaurants, and retail spaces.
The investment in the new hotel amounts to EUR 100 million and will create 340 new direct jobs, plus an additional 298 jobs created indirectly.
Radisson Lagoon Hotel Bucharest is the first in a series of future collaborations among the three projects: Radisson Group, Crystal Lagoons, and Forty Management. The project will be scaled to three other European capitals: Budapest, Warsaw, and Prague.
The opening of the new Radisson hotel is a sign of growth in the Romanian hotel market. The hotel will offer a new luxury accommodation option in the capital and will contribute to the development of Romanian tourism.
Frequently Asked Questions
Where is the new Radisson Lagoon Hotel located?
The hotel is being developed within the Central District Lagoon City project in Bucharest, Romania.
What are the standout features of this luxury development?
The hotel offers 323 rooms, a massive 10,000 sqm lagoon, and 1,100 sqm of private sandy beach for its guests.
What is the economic impact of the Radisson Lagoon Hotel investment?
The project involves a 100 million EUR investment and is expected to create 638 jobs in total (340 direct and 298 indirect).