Unita Turism Holding Timi\u0219oara has sold the F\u00e2nt\u00e2nele complex, located on the shores of Lake Beli\u0219, which has now entered the portfolio of Transilvania Quest Cluj. The transaction amounted to 5 million EUR. The complex will be modernized, with the new owner currently in negotiations to bring it under the Hilton brand.<\/p>\n
The tourist facility consists of two pavilions, two restaurants, three villas, and a 63,000 sqm plot of land. The site was built in 1974 and renovated in 2005.<\/p>\n
The buyer of the tourist unit is the company that owns the DoubleTree by Hilton Hotel, controlled by IT entrepreneur Lauren\u021biu Russo.<\/p>\n
Lauren\u021biu Russo founded the IT company Softvision, which was sold in 2018 to the American group Cognizant for 550 million USD. He acquired the City Plaza Hotel for 10 million EUR from Sorin Dan and converted it into a DoubleTree by Hilton.<\/p>\n
Unita Turism Holding specializes in hotels and similar accommodation facilities and is owned by Marc, Oliver, and Axel Eichert (33% each). The company had a turnover of 33 million RON in 2021, a net profit of 1.4 million RON, and 290 employees.<\/p>\n
What was the transaction value for the F\u00e2nt\u00e2nele complex?<\/strong><\/p>\n The F\u00e2nt\u00e2nele complex was sold by Unita Turism Holding to Transilvania Quest for a total sum of 5 million EUR.<\/p>\n Who is the new owner of the F\u00e2nt\u00e2nele complex?<\/strong><\/p>\n The complex was acquired by Transilvania Quest Cluj, a company controlled by Lauren\u021biu Russo, the IT entrepreneur who previously founded Softvision.<\/p>\n What are the future plans for the property?<\/strong><\/p>\n The new owner intends to modernize the 63,000 sqm site and is currently in negotiations to affiliate the complex with the Hilton brand.<\/p>\n","protected":false},"excerpt":{"rendered":" Unita Turism Holding Timi\u0219oara has sold the F\u00e2nt\u00e2nele complex, located on the shores of Lake Beli\u0219, which has now entered the portfolio of Transilvania Quest Cluj. The transaction amounted to 5 million EUR. The complex will be modernized, with the new owner currently in negotiations to bring it under the Hilton brand. The tourist facility…<\/p>\n","protected":false},"author":0,"featured_media":91370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[4333,2944,3426,2930],"thb-sponsors":[],"class_list":["post-116149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en","tag-complex-en","tag-for-sale","tag-hilton-en","tag-timisoara-en"],"article_style_override":"on","post-style":"style2","post_via":[{"title":"","post_source_url":""}],"post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2020\/02\/topstory.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116149","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"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=116149"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/91370"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=116149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=116149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=116149"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=116149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}