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12 December 2017
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Hungarian group deploys €4M investment in Romania

22 September 17 - RE+D Magazine
Hungarian group deploys €4M investment in Romania

COMPANIES

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Hungarian hotel group Danubius, which owns three hotels in the Romanian spa resort Sovata, plans to invest €4 million in the Faget hotel to reclassify it from two stars to a three-star rating, according to local news agency Wall-street.ro.

 

The group providers 260 rooms in its three hotels, a two-floor spa of over 6,600 sqm, two treatment bases with 60 treatment rooms and a conference center of 1,850 sqm. Romanian tourists currently represent 80% of the total number of tourists.

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