Lithuanian hotel operator Apex Alliance Hotel Management, which manages five hotels in Bucharest, is analyzing several offers to sell the 4-star Hilton Garden Inn Bucharest Airport, the first hotel located in an airport in Romania.
\nIn 2023, the establishment had business of 43.5 mil.
\nRON and a net profit of 11,6 mil.
\nRON, with 60 employees.
\nApex’s strategy is to sell the hotels in the post-inauguration period.
\nSince 2019 all 5 hotels of the Lithuanian hotel operator Apex Alliance Hotel Management are up for sale, but the operator has been facing the pandemic and post-pandemic period.
\nApex Alliance has started to receive several offers from investors interested in buying the Otopeni airport hotel.
\nHilton Garden Inn Bucharest Airport opened in August 2019, has 218 rooms and required an investment of 19 mil.
\nEUR.
\nApex 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.
\nThe company operates five hotels in Bucharest with a total capacity of over 1,000 rooms.
\nThese are Hilton Garden Inn Bucharest Old Town, Hilton Garden Inn Bucharest Airport, Courtyard Bucharest Floreasca, Moxy Bucharest Old Town and The Marmorosch Bucharest.
\nThe Group has invested around 120 mil.
\nEUR so far in hotel properties in Romania.
\nLast year there were 6 transactions in the hotel sector in Romania, with a cumulative value of over 50 mil.
\nEUR, as follows: <\/p>\n
The year 2024 started with a deal in the hotel sector.
\nThe Austrian group House of Julius Meinl, which owns the two largest chocolate factories in Romania, Kandia and Heidi, has bought Hotel Ambasador, one of the best-known hotels in Bucharest, after a complex transaction involving legal entities and the heirs of architect Arghir Culina, who designed the building in the 1930s. <\/p>\n","protected":false},"excerpt":{"rendered":"
Lithuanian hotel operator Apex Alliance Hotel Management, which manages five hotels in Bucharest, is analyzing several offers to sell the 4-star Hilton Garden Inn Bucharest Airport, the first hotel located in an airport in Romania. In 2023, the establishment had business of 43.5 mil. RON and a net profit of 11,6 mil. RON, with 60…<\/p>\n","protected":false},"author":8,"featured_media":105256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[2903,2904],"thb-sponsors":[],"class_list":["post-105254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en","tag-apex-alliance-en","tag-hilton-garden-inn-bucharest-airport-en"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/105254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=105254"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/105254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/105256"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=105254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=105254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=105254"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=105254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}