{"id":117635,"date":"2021-07-04T00:57:09","date_gmt":"2021-07-03T21:57:09","guid":{"rendered":"https:\/\/rhn.ro\/zenith-hotel-losses-of-nearly-8-million-ron-in-2020\/"},"modified":"2026-03-07T12:29:56","modified_gmt":"2026-03-07T10:29:56","slug":"zenith-hotel-losses-of-nearly-8-million-ron-in-2020","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/zenith-hotel-losses-of-nearly-8-million-ron-in-2020\/","title":{"rendered":"Zenith Hotel: losses of nearly 8 million RON in 2020"},"content":{"rendered":"\n<p>Zenith Hotel in Mamaia, a 4-star establishment controlled by the RC2 investment fund, recorded losses of 7.8 million RON in 2020, according to Ministry of Finance data. For 2021, RC2 estimates an average occupancy rate of 32%.<\/p>\n\n\n\n<p>The occupancy rate of the Zenith hotel was 18% last year, compared to 29% in 2019.<\/p>\n\n\n\n<p>The four-star Zenith Hotel &#8211; Top Country Line &#8211; Conference &amp; Spa (formerly Golden Tulip and formerly Fantasy Beach) is located in the northern part of the Mamaia resort and is one of the largest units on the coast, with a capacity of 290 rooms.<\/p>\n\n\n\n<p>In May 2020, the hotel completed a renovation process that included the facades, lobby, restaurants, and bar area. The investments amounted to 300,000 EUR and were financed by the RC2 group. As a result, accommodation rates increased by an average of 13%.<\/p>\n\n\n\n<p>The Reconstruction Capital II (RC2) fund holds 63% of the shares in Zenith \u2013 Conference and Spa Hotel, operated through the company Mamaia Resort Hotels. The remaining 37% of the shares are held by Antares Management and Stefania Nicoleta Becsenescu, according to public data.<\/p>\n\n<h3>Frequently Asked Questions<\/h3><strong>What were Zenith Hotel&#8217;s financial losses in 2020?<\/strong><p>In 2020, Zenith Hotel in Mamaia recorded losses of 7.8 million RON, according to Ministry of Finance data.<\/p><strong>Who owns the Zenith Hotel in Mamaia?<\/strong><p>The hotel is 63% owned by the RC2 investment fund, with the remaining 37% held by Antares Management and Stefania Nicoleta Becsenescu.<\/p><strong>What was the hotel&#8217;s occupancy rate during the pandemic year?<\/strong><p>In 2020, the occupancy rate dropped to 18%, compared to the 29% recorded in 2019.<\/p>","protected":false},"excerpt":{"rendered":"<p>Zenith Hotel in Mamaia, a 4-star establishment controlled by the RC2 investment fund, recorded losses of 7.8 million RON in 2020, according to Ministry of Finance data. For 2021, RC2 estimates an average occupancy rate of 32%. The occupancy rate of the Zenith hotel was 18% last year, compared to 29% in 2019. The four-star&hellip;<\/p>\n","protected":false},"author":0,"featured_media":69429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[2979,518],"thb-sponsors":[],"class_list":["post-117635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants","tag-mamaia-en","tag-zenith"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117635","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=117635"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/69429"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=117635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=117635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=117635"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=117635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}