hospitality

Accor has announced the opening of Mercure Timișoara, its first hotel in the Western city of Romania. With an unrivalled location, close to the city’s historical and business center, the hotel offers 60 rooms, a rooftop penthouse, a…

Theatres and cinemas, as well as indoor restaurant areas will probably re-open on September 1, in compliance with health safety conditions amid the ongoing COVID-19 pandemic, President Klaus Iohannis told a press conference on Wednesday…

President Klaus Iohannis has warned in a press conference on Wednesday that further relaxation of restriction imposed by the COVID-19 pandemic cannot be possible if the number of infections is on the rise on a daily basis. "Considering…

Restaurants remain closed, it is the decision of talks between PM Ludovic Orban and the representatives of the hospitality sector. According to the HORA leader, Daniel Mischie, the restaurants will re-open indoors when the number of…

The Euler Hermes analysis expects that insolvencies in the construction sector in Europe will increase by 14-24% in 2020, with Spain and France reaching the top, while the United Kingdom is at the opposite pole. Analysts expect the number…

Accor has signed a management agreement with Alexandra Residence Design to open 144-room ibis hotel by the end of 2022. The newly signed hotel will be located near the future Terminal 2 of  Henri Coandă International Airport, the largest…

PM Ludovic Orban had a meeting on Monday with the HoReCa representatives, with a preliminary deal on the terraces and cafes re-opening in Romania from June 1 under safety conditions. Hotels might also re-open as of June 15 if an agreement…

The Bucharesters' behaviour in terms of retail and delivery has suffered some changes on March and April, following restrictions imposed to contain the spread of COVID-19 epidemic. According to a study conducted by Reveal Marketing…

Transilvania Trek, the first hotel management company in Romania, has announced the launch of its operations countrywide in a press conference today. The company is currently operating the Double Tree by Hilton – City Plaza hotel in…

The investment volume on the real estate market in H1 2019 amounted to almost 410 million euros, a 6% increase compared to the similar period of last year, when the corresponding figure for investment transactions was of 386 million euros,…