Fivestar Hospitality Consulting & Management

Fivestar Hospitality Consulting

Hospitality

» Continental Hotels opened a second hotel in Sibiu
» In 2008, Euro Trend Company will open a 4 star hotel in Cluj Napoca
» The first Marrone Rosso cafe will open in Constanta, following a EUR 2 mil. investment
» Vulturul Negru Hotel in Oradea was put on sale
» Stefania complex, located in Costinesti resort, was put on sale for the price of EUR 19 mil.
» The auction for Victoria Hotel in Cluj-Napoca was postponed for the third time

Investments

» A tourist resort will be developed in Poiana Cristianului, within Poiana Brasov area
» An airport will be erected nearby Deva city
» Tourism real estate sector in Romania has high potential for development
» Over EUR 230 mil. have been invested in developing new boarding houses during the first semester of 2007
» The investment for Dambovita Center project exceeded EUR 600 mil.
» EUR 350 mil. will be invested in developing Cotroceni Park project
» In Romania, Golden Tulip expects to generate EUR 20 mil. turnover for 2007

Tourism

» The agripensions in Maramures county have an occupancy rate of approximately 90% for New Year’s Eve
» Sibiu will attract 1.5 million tourists over the next 2 years

Travel

» Lufthansa foresees that Romanian airline market will rank 2nd in a top of East European markets
» EasyJet to sell business class tickets through Amadeus and Galileo

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