Fivestar Hospitality Consulting
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Hospitality
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Golden Tulip: 9-11% drop of occupancy rate in Q1
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Pullman Hotel in Bucharest: 44% turnover drop in Q1
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Bucharest: the lowest occupancy rate in Europe in Q1
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Parc Hotels Group in Bucharest: turnover dropping 18% in Q1
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Hostel market in Romania valued at EUR 1.4 mil.
Investments
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Construction of Radisson Hotel in Poiana Brasov resort was postponed
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EUR 35 mil. investment necessary for InterContinental hotel in Bucharest
Tourism
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13 consortiums submitted bids for the country's brand auction
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Arrivals and overnight stays in Romania dropped in Q1 2009
Travel
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Tarom: 16.3% decreasing number of passengers in Q1
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