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Orbis about taking over Continental Hotels units: ”There is no negotiation or business decision taken”

Orbis about taking over Continental Hotels units: ”There is no negotiation or business decision taken”

Polish Orbis Hotel Group, the largest hotel chain in Central Europe, denies the information that was published on Thursday by media about merely Orbis interest on the Romanian Continental Hotels chain.

Orbis underlines in an official statement sent to The Romania Journal that “there is neither negotiation process in progress nor a business decision taken”.

“Even if the Romanian market remains among our priority targets for the years to come, any intention to buy towards specific hotel or hotel group is premature to announce. Therefore, publishing information on takeover of Continental Hotels or proceeding with the negotiations is unjustified,” the statement reads.

Media sources in the tourism market said that Poland’s Orbis is interested in taking over the Romanian Continental hotel chain with 13 accommodation units in several cities in the country, owned by businessman Radu Enache and Spanish GED investment fund.

 

About Anca Bernovici