|
Ali Yilmaz Yildirimlar, General Manager of Radisson Blue Hotel in the capital, 5 star classified, is convinced that 2010 will not bring positive changes to the Romanian economy and considers that the market instability, lack of cash flow the companies face and also the reduction of the number of foreign investors are the highest threats for the hotel market.
In the first months of this year, the 5 star unit posted 6-8% increase in occupancy compared to the same period last year.
Approximately 70% of Radisson Blu guests are foreigners traveling for business and only 30% are Romanians, according to the hotel’s official.
Yildirimlar specified that for the current year, the hotel will focus on attracting new market segments, trying to find among guests traveling for business also guests that might come back to spend their holiday.
Bucuresti Turism owns Radisson Blu and also controls Centreville Apart Hotel complex.
In the first three months of the year, the company reported an increase by 14% in turnover up to EUR 5.54 mil. and hit the break even point, posting a gross profit of EUR 1.12 mil., after reporting loss of EUR 5.86 in the first three months of 2009, according to the data of the Stock Exchange.
The profit was the result of reevaluating the long term debts, due to the appreciation of currency exchange RON/ EUR.
BEA Hotels Eastern Europe Dutch company owns 77% of Bucuresti Turism.
Sursa: Ziarul Financiar [27.05.2010]
|
Fivestar Hospitality Consulting 
