{"id":123936,"date":"2016-01-06T00:00:00","date_gmt":"2016-01-05T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/hotel-bicaz-in-mamaia-sold-for-eur-5-million\/"},"modified":"2026-03-28T18:43:49","modified_gmt":"2026-03-28T16:43:49","slug":"hotel-bicaz-in-mamaia-sold-for-eur-5-million","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/hotel-bicaz-in-mamaia-sold-for-eur-5-million\/","title":{"rendered":"Hotel Bicaz in Mamaia sold for EUR 5 million"},"content":{"rendered":"<div>Last summer, Gala\u021bi businessmen Dan and C\u0103t\u0103lin Alexandrescu sold their spice and baking ingredients business, Alex&amp;Comp, to Fuchs and Dr. Oetker for EUR 8 million.<\/div>\n<div><\/div>\n<div>They purchased Hotel Bicaz in the Mamaia resort from BCR for nearly EUR 5 million, where they intend to invest EUR 500,000 in renovation and redecoration.<\/div>\n<div><\/div>\n<div>The transaction was concluded in December 2015, stated Iulian Tenie, executive director of Noy Business Transaction, owned by brothers Dan and C\u0103t\u0103lin Alexandrescu, who turned to tourism because it is a safe investment that does not lose value over time.<\/div>\n<div><\/div>\n<div>Hotel Bicaz is classified at 2 stars, consists of two buildings, and has over 300 accommodation places in 158 double rooms and 8 apartments.<\/div>\n<div><\/div>\n<div>Renovation work has already begun, and upon completion, the unit will be classified at 3 stars.<\/div>\n<div><\/div>\n<div>Iulian Tenie stated that by summer, EUR 500,000 will be invested in redecorating and modernizing the hotel, from the reception to the terrace, restaurant and bar, and a swimming pool will also be built.<\/div>\n<div><\/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>Who purchased Hotel Bicaz in Mamaia?<\/strong><\/p>\n<p>The hotel was acquired by businessmen Dan and C\u0103t\u0103lin Alexandrescu, the former owners of Alex&amp;Comp.<\/p>\n<p><strong>What was the transaction value for Hotel Bicaz?<\/strong><\/p>\n<p>The transaction with BCR amounted to nearly EUR 5 million and was finalized in December 2015.<\/p>\n<p><strong>What are the renovation plans for the hotel?<\/strong><\/p>\n<p>The new owners are investing EUR 500,000 to upgrade the hotel to a 3-star rating and build a swimming pool.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last summer, Gala\u021bi businessmen Dan and C\u0103t\u0103lin Alexandrescu sold their spice and baking ingredients business, Alex&amp;Comp, to Fuchs and Dr. Oetker for EUR 8 million. They purchased Hotel Bicaz in the Mamaia resort from BCR for nearly EUR 5 million, where they intend to invest EUR 500,000 in renovation and redecoration. The transaction was concluded&hellip;<\/p>\n","protected":false},"author":0,"featured_media":65810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[],"thb-sponsors":[],"class_list":["post-123936","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\/123936","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=123936"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/123936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/65810"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=123936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=123936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=123936"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=123936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}