{"id":120124,"date":"2019-05-02T00:00:00","date_gmt":"2019-05-01T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/approx-eur-200m-investment-in-the-hotel-industry-over-the-next-2-years\/"},"modified":"2026-03-27T16:17:48","modified_gmt":"2026-03-27T14:17:48","slug":"approx-eur-200m-investment-in-the-hotel-industry-over-the-next-2-years","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/approx-eur-200m-investment-in-the-hotel-industry-over-the-next-2-years\/","title":{"rendered":"Approx. EUR 200m Investment in the Hotel Industry Over the Next 2 Years"},"content":{"rendered":"<div>The reduction of VAT in the hotel industry, the specific tax, and the growth of the tourism market over the last four years have led to a real effervescence in the hotel market, stated Calin Ile, president of the Romanian Hotel Industry Federation (FIHR). Thus, in the next 2 years, more than 25 hotels will be opened in the country, requiring investments of nearly EUR 200 million.<\/div>\n<div><\/div>\n<div>Ile specified that some hoteliers are renovating and upgrading their accommodation units, while others are opening new ones, most of them in partnership with international chains. Thus, according to hoteliers&#8217; data, over 25 business hotels are set to open in Romania in the next 2 years, totaling more than 3,000 rooms, mostly 4 and 3 stars. The total investment will approach EUR 200 million.<\/div>\n<div><\/div>\n<div>Of these, more than ten will be in Bucharest and six in Timisoara, with the rest in the remainder of the country, in cities such as Cluj and Sibiu.<\/div>\n<p>Source: <a href=\"http:\/\/www.profit.ro\" data-wplink-url-error=\"true\">Profit<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the total investment expected in the Romanian hotel industry?<\/strong><\/p>\n<p>The total investment is estimated to reach approximately EUR 200 million over the next two years.<\/p>\n<p><strong>How many new hotels are planned for the next two years?<\/strong><\/p>\n<p>More than 25 new business hotels are expected to open, adding over 3,000 rooms to the market.<\/p>\n<p><strong>Which Romanian cities will see the most new hotel openings?<\/strong><\/p>\n<p>Bucharest will see more than ten new hotels, while Timisoara will have six, followed by cities like Cluj and Sibiu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reduction of VAT in the hotel industry, the specific tax, and the growth of the tourism market over the last four years have led to a real effervescence in the hotel market, stated Calin Ile, president of the Romanian Hotel Industry Federation (FIHR). Thus, in the next 2 years, more than 25 hotels will&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[],"thb-sponsors":[],"class_list":["post-120124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en"],"article_style_override":"","post-style":"","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\/120124","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=120124"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67661"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120124"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}