Published at: 2018-02-27 12:10 | Author: Amelia Turp-Balazs
A new batch of projects and spending prove that Bucharest’s hotel sector has plenty of room left for investment
In Europe, the UK leads the way when it comes to new hotel projects: 119,000 rooms are currently in the pipeline in Britain, in Germany there are 38,000. While Romania might still be some way off these kind of figures (provided by market research institute Smith Travel Research), momentum is growing.
Investment volume last year in the country’s property sector Romania reached almost €1bn, 10 percent more than 2016’s result of €890m. A key transaction was the sale of the Radisson Hospitality Com...

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