Romania's hotel sector has continued to recover, with sustained growth in leisure tourism, shows a Colliers analysis published Tuesday.The number of Romanian tourists staying in Romania's hotel establishments reached nearly 7 million in 2023, very close to record levels and above the average of the pre-pandemic years, Colliers said.However, in the summer of 2023, air passenger traffic levels surpassed those of 2019, setting new records both in Bucharest and other major cities in the country.Colliers consultants point out, however, that the recovery of international tourism in Romania has not been as rapid as that of domestic tourism, with the number of foreign tourists arriving in the country remaining about 25% below the pre-pandemic level.At the same time, there has been a significant increase in the number and variety of hotel brands seeking to enter the local market, from luxury to more affordable ones.According to the source, in Bucharest, four and five-star hotels remained the most active segment in 2023. Thus, the average daily revenue per available room (ADR) increased by 15% -20% throughout the year, in addition to the 57% increase recorded in 2022, up to 126 euro/room/night in central areas and 82 euro/room/night in the north of Bucharest. Occupancy rates in competitive hotels in the capital have also increased by around 10% in the summer months, but in annual terms remain slightly below pre-pandemic levels."Even without taking into account economic uncertainties, local hotels are facing increasing obstacles, from labour shortages (more than 10% of employees in Bucharest's central hotels are from abroad, especially South Asia) to significant changes in operating costs, such as those in 2022 amid rising energy prices. But, in general, the long-term future looks promising, which explains the surge in new projects," according to the research.
On Monday, January 13, officials at the Cantacuzino Hospital in Bucharest alerted police that a man stole three amputated legs from the storage area. While two were later found, the third is still missing. The incident took place three days prior, on January 10, and was captured by surveillance cameras. Images published by Euronews Romania […]
The General Prosecutor's Office announced on Wednesday, January 15, that criminal prosecution has been initiated again against former president Ion Iliescu and ex-prime minister Petre Roman in the case targeting the violent crackdown of the protests in Bucharest's University Square on June 13-15, 1990, also known as the Mineriada (miners' riot). The two are facing […]
Approximately 62% of employees in Romania intend to change their workplace in the next six months largely due to financial reasons, according to a survey conducted by the online recruitment platform Bestjobs. Approximately 48% of respondents intend to change their workplace because they want a better salary, 13% due to a lack of professional development […]
Roborock, a global leader in intelligent cleaning solutions, announces the launch of its latest innovation, the Roborock Qrevo Curv, a state-of-the-art robot vacuum and mop designed to redefine home cleaning. This revolutionary product combines cutting-edge technology with an innovative cleaning system to offer an unparalleled cleaning experience for consumers. "Roborock Qrevo Curv represents a new […]
Bucharest mayor Nicușor Dan announced that his administration will draw inspiration from the Icelandic model to combat and prevent drug use among young people. The mayor also stated that building a medical facility dedicated to those struggling with addiction is being considered, using spaces belonging to Colentina or Obregia hospitals. “As Bucharest residents decided through a […]
A young deer trapped in the icy waters of a pond near Fălticeni, Suceava county, was recently saved by a team of firefighters. According to the Emergency Situations Inspectorate, which shared a short video of the rescue mission, the fawn had attempted to cross the frozen pond, but the thin ice cracked beneath its weight, […]
