Romanians spent more than three billion euros on foreign travel in the first four months of 2025, 15% more than in the same period in 2024, and they are expected to exceed the record level of 11 billion euros for the whole year, according to a specialist analysis, based on data released by the National Bank of Romania (BNR).Colliers data, published on Tuesday, show that domestic tourism is also on an upward trend: the number of nights spent in hotels and other accommodation units increased by 1%, and if this trend continues, 2025 could become the best year for local tourism in the last three decades, surpassing the record of 2024.If the current pace is maintained, Romanians' spending on holidays abroad and business tourism will exceed 11 billion euros by the end of the year - a new record, after the 9.6 billion euros in 2024, the 8.6 billion euros in 2023, and the 5.4 billion euros in 2019, before the pandemic.In 2024, Romanians spent the largest amounts in Germany and Italy - each with over one billion euros, according to Eurostat data on the balance of payments for travel. The next placed are the Netherlands (almost 700 million euros), Spain and France (approximately 600 million euros each)."Romanians not only want to travel more, but they are completely changing their behaviour on vacation, becoming active consumers, who buy, discover new places and invest in new experiences. We see this trend also in the domestic tourism, where, in the first four months of 2024, Romanians spent more than 5 million nights in accommodation units - a continuation of the record reached in 2023, the best year we had in the last three decades. This new type of behaviour is transforming shopping centres in tourist cities into true lifestyle areas, and real estate investors are increasingly starting to rely on the synergy between retail, tourism and experience," says Liana Dumitru, Retail Agency Director at Colliers.In the vision of Colliers consultants, the greatest growth opportunities come from urban regeneration projects, which bring together retail, tourism and culture.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
