US EditionBucharest hotel market to add over 1,000 rooms by 2027
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Growing performance of Bucharest hotel market convinces investors to add 1,000 rooms by 2027
The Bucharest hotel market recorded further performance recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR finally surpassed the milestone of 100-euro average daily rate, according to the real estate consulting company Cushman & Wakefield Echinox. Market performance encourages investments in new hotels, thus by 2027 it is estimated that […] The post Growing performance of Bucharest hotel market convinces investors to add 1,…
Bucharest hotel market to add over 1,000 rooms by 2027
The Bucharest hotel market recorded further performance recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR finally surpassed the milestone of 100-euro average daily rate, according to the real estate consulting company Cushman & Wakefield Echinox. Market performance encourages investments in new hotels, thus by 2027 it is estimated that over 1.000 rooms will be added to the current supply in Bucharest, with additions expected…
Investors announce 1,000 new hotel rooms in Bucharest over the next two years. Cushman & Wakefield: We estimate further growth in hotel market performance due to Romania's accession to Schengen
The Bucharest hotel market recorded a solid performance in 2024, continuing to recover from the declines suffered during the pandemic in terms of...
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