Epoque Hotel – 41 pc increase in MICE sales after nine months; encouraging outlook for end-2016

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Epoque Hotel recorded a EUR 1.75 million turnover in the first nine months of 2016, reporting a 6 percent year-on-year increase, due to a 41 percent rise in MICE (meetings, incentives, conferences and exhibitions) sales and to an 11 percent growth seen by the à la carte restaurant, a press release informs on Monday.

“2016 is an extremely dynamic year on the five star market and we are delighted to confirm that Epoque has secured the status of leader on the luxury segment, diana-popescustanding out with excellent performance on the accommodation structure and a significant development of Epoque Events Gallery and the MICE department. Also our gastronomic restaurant L’Atelier has gradually increased its popularity within the French cuisine aficionados and became a landmark on the Bucharest going out scene. Our objectives for the end of 2016 and for next year continue to aim at increasing our F&B and events segment, as well as rising our ADR, thus maximizing productivity on the accommodation structure,” declared Diana Popescu, Owner & CEO Epoque Hotel and L’Atelier-l’art culinaire.

The boutique hotel located near Cismigiu Park estimates a total turnover of EUR 2.4 million at the end of 2016 and an 8 percent year-on-year increase.

Epoque Hotel is a complete five star destination for business and leisure travelers alike, bringing together all the attributes of a ‘de luxe’ concept: suite-only lodging facilities, a gastronomic restaurant, a SPA and a premium conference & events center.

Epoque Hotel caters to free independent tourists who opt for boutique properties as first travel choice. Epoque’s guests are 85 percent international travelers coming from Europe, Asia and America, mainly from markets such as: USA, UK, Israel, France or Germany. In the first nine months of 2016, Epoque has operated with an average occupancy of 70 percent during week days and 64 percent during the weekends.

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