Rock Development Holding to open 5-star boutique hotel in the center of Bucharest

The real estate developer Rock Development Holding is in discussions with Kempinski Hotels about opening a 5-star boutique hotel in the center of Bucharest.

Rock Development Holding and Kempinski Hotels have already agreed a partnership for the development and operation of a 5-star hotel with 120 rooms in Poiana Brașov, plus an aparthotel with 75 residential units in the same resort, whose market value is valued at about EUR100 million euros.

"We have obtained the building permit for the aparthotel part, but we are still finalizing the final details with Kempinski architects for a reauthorization. We have started the works on the road infrastructure part and we plan to start the construction next year", declared the representatives of Rock Development Holding.

Profit.ro