Bucharest In Romania Is Booming & According To Market Rumors, Some Hotel Prices Have Doubled And We Have Just The Right Hotel Available!

We have market rumors that hotel prices in Bucharest are skyrocketing!

You may read it all here:

"Just a year and a half after opening the Hilton Garden Inn in the Old Center, Apex Alliance is very close to selling it for a price nearly twice as high as the money invested in the project."

"The hotel was put up for sale a few months ago, and more than 30 companies and foreign investment funds have expressed interest. Out of them, only three were willing to pay the asking price of EUR 43 million: a Dubai company, one from Doha, and one from Abu Dhabi, all controlled by Sheikhs of the Middle East."

7 Jun 2019: Three Middle East bidders for Hilton Garden Inn hotel in Bucharest

Some other data also confirms the boom.

"“Bucharest has major strategic advantages beyond lower costs. It has a highly technical workforce, with deep skills in a wide variety of technologies. The people are pragmatic, entrepreneurial, highly resourceful and loyal. Language skills are amongst the best in the world, and most engineers are fluent in English close to native level. Lastly, the city is easily accessible from a variety of locations.”

23 Apr 2019: Bucharest is Booming

New office space has doubled this year, with more and more multi nationals locating to Bucharest due to low costs and better standard of living with an educated labor force.

"The office market is going through a favourable period, with many multinational companies opening new offices or expanding their existing space in Bucharest. "

27 Aug 2019: Bucharest new office space deliveries to double in 2019 - JLL

Latest reports say that Bucharest is the primary destination for tourists in Romania.

"Most foreign tourists come from Israel (almost 170,000), U.S. (104,000), Italy (92,000), Germany (82,000), UK (80,000), and France (72,000)."

12 Jul 2019: Bucharest remains main Romania destination for foreign tourists

Tourism from Uk who are relatively big spenders is also booming.

"Between 2007 and 2017, the report found there was a 638 per cent increase in British travellers visiting the emerging European nation."

23 Mar 2019: Romania is the world’s fastest-growing travel destination for Brits

And we keep bringing the best in class opportunities for you.

14 Aug 2019: Five Star Hotel For Sale In Bucharest, Romania

As of now, this asset is still available, but if a bidding war ensues, who knows, how long it may last.

More details can be shared only upon signing a NDA.

For further enquiries in a discrete manner, you are invited to send us an email under Contact Us at the top right of this blog.