The Lithuanian hotel operator Apex Alliance Hotel Management, which manages 5 hotels in Bucharest, is preparing the sale of the 4-star Hilton Garden Inn Bucharest Airport, the first hotel located in an airport in Romania.
Hilton Garden Inn Bucharest Airport opened in August 2019, has 218 rooms and required an investment of EUR 19 million.
Apex Alliance Hotel Management is an independent Lithuanian operator that develops long-term hotel management partnerships with institutional investors, owners or investment funds for hotels already in operation or in the investment phase.
The company operates five hotels in Bucharest with a total capacity of over 1,000 rooms. They are Hilton Garden Inn Bucharest Old Town, Hilton Garden Inn Bucharest Airport, Courtyard Bucharest Floreasca, Moxy Bucharest Old Town and The Marmorosch Bucharest.
The Group has invested around EUR 120 million so far in hotel properties in Romania.