{"id":124016,"date":"2015-12-07T00:00:00","date_gmt":"2015-12-06T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/grand-plaza-hotel-estimates-over-50-million-ron-in-2016\/"},"modified":"2026-03-28T20:51:03","modified_gmt":"2026-03-28T18:51:03","slug":"grand-plaza-hotel-estimates-over-50-million-ron-in-2016","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/grand-plaza-hotel-estimates-over-50-million-ron-in-2016\/","title":{"rendered":"Grand Plaza Hotel Estimates Over 50 Million RON in 2016"},"content":{"rendered":"<div>Grand Plaza Hotel, which manages the Sheraton hotel in Romania, recently acquired a building on Magheru Boulevard in Bucharest for the sum of 1.1 million EUR, plus VAT. The company also approved the income and expenditure budget for next year.&nbsp;<\/div>\n<div><\/div>\n<div>At the same time, Grand Plaza Hotel established its income and expenditure budget for 2016. Thus, the company estimates a turnover of 51.57 million RON and a net profit of 12.72 million RON in 2016.<\/div>\n<div><\/div>\n<div>In 2014, Grand Plaza Hotel recorded business of over 37 million RON, a net profit of 2.4 million RON, and had 215 employees. &nbsp;<\/div>\n<div>&nbsp;<\/div>\n<div>According to Termene.ro, the majority shareholder, with 97.862% of the shares, is the company International Business Trading, along with two offshore entities, Tatika Investments and Treslea Investments, controlled by businessman Radu Dimofte. He also controls the Ramada Parc and Ramada Plaza hotels.<\/div>\n<div><\/div>\n<div>This year, Grand Plaza Hotel invested 6 million EUR in transforming the Howard Johnson hotel into a 5-star Sheraton hotel.&nbsp;<\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>Who owns Grand Plaza Hotel?<\/strong><\/p>\n<p>The majority shareholder is International Business Trading (97.862%), controlled by businessman Radu Dimofte through various entities.<\/p>\n<p><strong>What major investments has Grand Plaza Hotel made?<\/strong><\/p>\n<p>The company invested 6 million EUR to rebrand as Sheraton and recently purchased a building on Magheru Boulevard for 1.1 million EUR.<\/p>\n<p><strong>What are the financial estimates for 2016?<\/strong><\/p>\n<p>For 2016, the company estimates a turnover of 51.57 million RON and a net profit of 12.72 million RON.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Plaza Hotel, which manages the Sheraton hotel in Romania, recently acquired a building on Magheru Boulevard in Bucharest for the sum of 1.1 million EUR, plus VAT. The company also approved the income and expenditure budget for next year.&nbsp; At the same time, Grand Plaza Hotel established its income and expenditure budget for 2016.&hellip;<\/p>\n","protected":false},"author":0,"featured_media":65777,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[],"thb-sponsors":[],"class_list":["post-124016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants"],"article_style_override":"","post-style":"","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\/124016","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=124016"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/124016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/65777"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=124016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=124016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=124016"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=124016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}