Fivestar Hospitality Consulting & Management

Fivestar Hospitality Consulting

Hospitality

» Radisson SAS Bucharest drops tariffs to face global financial crisis
» Hotel clients renounce luxury services
» Bucharest: second place in Europe in the occupancy decrease ranking
» Sofitel Bucharest hotel becomes Pullman starting January 2009
» Radisson SAS Bucharest: 50% occupancy rate

Investments

» Italians show interest in taking over Sibiu Airport

Tourism

» Outgoing will slow down in 2009

Travel

» 20 mil. passengers traffic until 2018 on Romanian airports
» Local market traditional airline companies sales increased by 17% in the first nine months
» Lufthansa: EUR 40 mil. in Romania, in 2008

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