{"id":118813,"date":"2020-02-19T00:00:00","date_gmt":"2020-02-18T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/the-company-owning-doubletree-by-hilton-in-cluj-napoca-aims-to-sign-management-contracts-with-three-more-hotels-this-year\/"},"modified":"2026-03-07T17:43:48","modified_gmt":"2026-03-07T15:43:48","slug":"the-company-owning-doubletree-by-hilton-in-cluj-napoca-aims-to-sign-management-contracts-with-three-more-hotels-this-year","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/the-company-owning-doubletree-by-hilton-in-cluj-napoca-aims-to-sign-management-contracts-with-three-more-hotels-this-year\/","title":{"rendered":"The company owning DoubleTree By Hilton in Cluj-Napoca aims to sign management contracts with three more hotels this year"},"content":{"rendered":"

The company owning DoubleTree By Hilton in Cluj-Napoca aims to sign management contracts with three more hotels this year<\/p>\n

Transilvania Trek, the owner of the DoubleTree by Hilton \u2013 City Plaza hotel in Cluj-Napoca, plans to take over the management of a new hotel project in Cluj, currently under construction, as well as sign at least two management contracts by the end of the year. <\/div>\n
<\/div>\n
Transilvania Trek is introducing the concept of hotel management for owners and investors to the local market. Thus, the company covers all business directions of a hotel, from establishing and implementing the commercial strategy to the building and facilities maintenance plan and financial management.<\/div>\n
<\/div>\n
By signing a management contract, the hotel owner mandates the company to manage the activity within the hotel and assume responsibility for commercial results and legal operating standards of the property. On the other hand, the owner is regularly informed about the development strategy and the results recorded by the hotel under management.<\/div>\n
<\/div>\n
According to the company, a management contract is concluded for a minimum period of 10 years, with two extension options of 5 years each.<\/div>\n
<\/div>\n
The management contract can be signed both at the beginning of the investment, even from the design stage, or during the hotel’s operation. Regarding the main selection criteria for hotels to enter the Transilvania Trek portfolio, the company primarily analyzes the destination where they are located, requiring demand potential throughout the year, then the positioning within the destination and the existence of a minimum of 40-50 rooms within each accommodation unit.<\/div>\n
<\/div>\n
According to Transilvania Trek representatives, at this moment, the hotel industry in Romania presents a series of opportunities for investors, given the low cost of borrowing the necessary capital, the decrease in the perceived risk level for investments in Romania, and the achievement of a relatively high yield compared to the rest of Europe. <\/div>\n
<\/div>\n

Source: Economica<\/a><\/p>\n

Frequently Asked Questions<\/h3>\n

What services does Transilvania Trek provide through management contracts?<\/strong><\/p>\n

The company covers the commercial strategy, the building and facilities maintenance plan, as well as the complete financial management of the hotel.<\/p>\n

What are the selection criteria for hotels in the portfolio?<\/strong><\/p>\n

Transilvania Trek looks for locations with year-round demand potential, strategic positioning, and a minimum of 40-50 rooms.<\/p>\n

What is the standard duration of a hotel management contract?<\/strong><\/p>\n

A contract is typically concluded for a minimum period of 10 years, with two extension options of 5 years each.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company owning DoubleTree By Hilton in Cluj-Napoca aims to sign management contracts with three more hotels this year Transilvania Trek, the owner of the DoubleTree by Hilton \u2013 City Plaza hotel in Cluj-Napoca, plans to take over the management of a new hotel project in Cluj, currently under construction, as well as sign at…<\/p>\n","protected":false},"author":0,"featured_media":68514,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[],"thb-sponsors":[],"class_list":["post-118813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en"],"article_style_override":"off","post-style":"style1","post_via":"","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\/118813","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=118813"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/68514"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118813"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}