Hilton Garden Inn Bucharest Airport hotel to be sold

Lithuanian hotel operator Apex Alliance Hotel Management is approaching the sale of the 4-star Hilton Garden Inn Bucharest Airport, the first hotel located in an airport in Romania.

Apex's strategy foresees the sale of hotels in the period after the inauguration. Since 2019, all 5 hotels of the Lithuanians are for sale, but the operator has faced the pandemic and post-pandemic period, when investors were more reluctant to invest in this real estate sector.

The sale transaction of the Hilton Garden Inn Bucharest Airport hotel will be completed soon. The hotel was inaugurated in August 2019, has 218 rooms and required an investment of 19 million euros.

Apex Alliance Hotel Management operates five hotels in Bucharest, with a total capacity of over 1,000 rooms. These are Hilton Garden Inn Bucharest Old Town, Hilton Garden Inn Bucharest Airport, Courtyard Bucharest Floreasca, Moxy Bucharest Old Town and The Marmorosch Bucharest.
Source: Profit.ro