Fivestar Hospitality Consulting & Management

Fivestar Hospitality Consulting

Hospitality

» 5 hotels in Romania could be awarded with ESPA certification
» Crowne Plaza Bucharest: EUR 9 mil. turnover in 2009
» Denizen Hotels: a new luxury brand by Hilton
» Marriott envisages Bucharest, Cluj and Timisoara cities for expanding
» 2009: 20-30% drop of hotels' asset values in Romania
» 6% expected performance drop of Romanian hotel industry in 2009
» Bucharest: yoy 30% drop in occupancy rate in January 2009

Investments

» USD 28 mil. investment in two Accor units located in Timisoara
» EUR 45 mil. investment in a Continental Forum and a Ibis hotel in Bucharest

Tourism

» TUI is conditioning its return in Romania
» Tourists show more and more interest in eco boarding houses in Romania
» Romania's Tourism Fair was held between March 19 and 22

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