Fivestar Hospitality Consulting
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Hospitality
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Best Western helps smaller hotels in Romania to face the the potential business downturn
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Petrom puts on sale three hotels for EUR 6.3 mil.
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Athenee Palace Hilton feels the business downturn
Investments
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A new 4 star hotel in Bucharest
Tourism
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Slower investment pace makes Romanian mountain resorts unattractive
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More and more Romanian tourists choose holiday destinations in Hungary
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EC accepted the Romanian candidature for the 2008-2009 European Destinations of Excellence
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The financial crisis will affect Romanian travel agencies in 2009
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WTO: international tourism increased only by 2% in 2008
Travel
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Global financial crisis affects international hotel market
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Tourism projects suspended in Bulgaria
Focus
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Viro special master key system
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