Fivestar Hospitality Consulting & Management

Fivestar Hospitality Consulting

Hospitality

» The hotel transactions market in Romania attracts foreign investors
» Boutique-hotels, a successful business also in Romania
» Gregory's is currently prospecting the major cities in Romania
» Grand Hotel de Boulevard will re-open in 2008

Investments

» The value of Timisoara Airport development project reaches EUR 47.55 mil.
» Gloria Jean’s Coffees cafe chain continues to expand in Romania
» The Ministry of Transport will invest EUR 1 bn. for the rehabilitation of access roads to the main tourist destinations

Tourism

» English and Spanish operators are attracted by cultural and business tourism in Romania
» The Romanian resort Poiana Brasov ranks 6th in top 10 begginer-friendly ski resorts
» Romania does not classify in top 150 most appreciated destinations worldwide

Travel

» Services and tourism in Brasov county registered a turnover of approximately EUR 580 mil., in 2006
» Construction works for Brasov-Ghimbav International Airport will start in 2008
» Spa centers – a continuously growing trend
» Otopeni International Airport foresees receipts of EUR 71,5 mil. for 2007
» The Romanian airports need a national development strategy
» Euro increase against dollar does not affect tourism in the European Union

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