The four-star hotel Ramada Plaza in Craiova, the only property in the city affiliated with an international chain, operated at an average occupancy rate of 56%, down compared to the same period last year, against the backdrop of reduced activity in the business and events tourism segment.
According to statements given to Ziarul Financiar by Victor Berceanu, general manager of the hotel and son of former Minister of Transport Radu Berceanu, the drop in demand was visible from the early months, with companies cutting budgets or opting for rental apartments for employees. Across Dolj County, the number of accommodated guests in the first half of the year decreased to 62,600 (17% of whom were foreign tourists), down from 79,600 in the corresponding period of the previous year, according to insse.ro. The company Jiul SA, which owns the former Jiul hotel and has been led by Victor Berceanu since 2021, posted a turnover last year of approximately EUR 5.71 million and a net profit of around EUR 181.6 thousand, according to data from mfinante.ro.
Frequently Asked Questions
What is the current occupancy rate of Ramada Plaza Craiova?
The hotel operated at an average occupancy rate of 56%, reflecting a decrease compared to the same period of the previous year.
Why has the hotel’s occupancy rate declined?
The decrease is primarily driven by reduced corporate travel and events, with companies cutting travel budgets or choosing short-term rental apartments.
Who manages the company behind Ramada Plaza Craiova?
The hotel is owned by Jiul SA and has been led since 2021 by General Manager Victor Berceanu.