Nearly 20 hotel to open by the end of 2023

Tuesday, September 13, 2022

Close to 20 large hotel projects are due for delivery in Bucharest and in the country by the end of 2023, according to the Romanian Hotel Market report by Crosspoint Real Estate. Among the expected openings in Bucharest are the Grand Hotel du Boulevard, the first unit under the Swissôtel brand in the city’s Expozi?iei area, the ...

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Economic

Tuesday, September 13, 2022

Trade: Groceries make up record 66% of all consumer spending in physical stores in Romania
Romanian games and toys market reaches 728 million euros
Infrastructure: Air passenger transport triples in first half of 2022
Almost 300 million tones of cargo loaded/unloaded in ports, in H1
Gov't sets legal framework in place for start of infrastructure projects, pending EC approval of relevant programs
Tourism : Tourists’ accommodation increased by 2.8% în July
Nearly 20 hotel to open by the end of 2023
Cars: New car registrations go up by 5.08% in Romania, after eight months
Car production in Romania up by 15.5% in the first eight months
Real Estate: Colliers: Half of the apartments in Bucharest were bought with credit in the first semester
Demand for modern office spaces reached pre-pandemic levels as of mid-2022
Telecom. IT: ANCOM sweetens terms for 5G auction