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Euromonitor: Romanian luxury hotels halve turnover in 2020

The luxury hotels in Romania faced an abrupt drop in their turnover in 2020, when their aggregated revenues halved due to the pandemic, according to estimates of the market research company Euromonitor.   The firm estimated the total turnover on the local luxury hotel segment at RON 57 million (EUR 12 mln) in 2020, according ...

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