Ana Hotels recorded 2021 revenues at 63% of those obtained in the 2019 reference year, the best year for tourism.<\/p>\n
George Copos, the owner of the Ana Hotels group, stated that the renovation of the Athenee Palace Hilton hotel will exceed the initial estimated budget of EUR 25 million and will reach EUR 30-40 million. He specified that the rooms will be completed in June this year, the renovation of public spaces will be finished by the end of the year, and the restaurants in the first part of next year.<\/p>\n
The investment is partially funded from own resources, with a portion of the money coming from a bank loan from BRD Groupe Societe Generale.<\/p>\n
Copos estimates revenues for this year at 70% of the levels recorded in 2019.<\/p>\n
What is the total investment for the Athenee Palace Hilton renovation?<\/strong><\/p>\n The investment is estimated to reach between EUR 30 million and EUR 40 million, exceeding the initial budget.<\/p>\n When will the renovation works be completed?<\/strong><\/p>\n Rooms are set for completion in June, public spaces by the end of the year, and restaurants in early 2023.<\/p>\n How is the project being financed?<\/strong><\/p>\n The project is funded through a combination of Ana Hotels’ own funds and a bank loan from BRD Groupe Societe Generale.<\/p>\n","protected":false},"excerpt":{"rendered":" Ana Hotels recorded 2021 revenues at 63% of those obtained in the 2019 reference year, the best year for tourism. George Copos, the owner of the Ana Hotels group, stated that the renovation of the Athenee Palace Hilton hotel will exceed the initial estimated budget of EUR 25 million and will reach EUR 30-40 million.…<\/p>\n","protected":false},"author":0,"featured_media":69343,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[706,3792,404],"thb-sponsors":[],"class_list":["post-117183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-athenee-palace-hilton","tag-investment","tag-renovare"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/investitii-3.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117183","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=117183"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/69343"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=117183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=117183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=117183"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=117183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}