Radisson Blu Hotel Bucharest completes €1.6 million investment

Business Forum
Radisson Blu Hotel Bucharest has renovated its meeting and events facilities following an investment of €1.6 million.

The newly renovated meeting and events areas of the hotel feature energy-efficient lighting and innovative design aimed at significantly reducing the carbon footprint. The spaces cover 1,800 sqm and have a capacity of almost 1,500 people, consisting of 11 conference rooms as well as a ballroom.

“This important investment comes to consolidate our five-star position and outstanding services offer, enhancing our ability to attract new customers and increase the satisfaction of recurring ones, in a growing market,” says Diana Zoican, Sales and Marketing Director Radisson Blu Hotel Bucharest & Park Inn by Radisson Hotel & Residence Bucharest.

Since 2019, Radisson Blu Hotel has invested over €22 million in the lobby and outdoor areas, while further renovation is planned for another 100 premium rooms and apartments in 2025.

RECOMMENDED
Romanias hotel industry posts third-highest EU growth
Real estate

Romania's hotel industry posts third-highest EU growth

Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating
Real estate

Radisson Blu Bucharest achieves Breeam In-Use Excellent rating

Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.

Hotel sector in Romania poised for growth going into 2026
Real estate

Hotel sector in Romania poised for growth going into 2026

Although the hotel sector accounted for only 3% of the total investment of €390 million in Romania's commercial real estate during H1 2025, market indicators point to a possible increase in investments in H2 2025 and 2026, according to CBRE Romania data.

Olala! acquires two hotels in Bucharest for €5 million
Real estate

Olala! acquires two hotels in Bucharest for €5 million

Olala! is strengthening its strategic expansion in the Romanian market with the acquisition of two hotels located in central Bucharest – Hotel Duke Romană and Hotel Duke Armenească – in a €5 million transaction.

RECOMMENDED FROM THE HOME PAGE
Romania cuts budget deficit to 6.40% in first 11 months
Finance

Romania cuts budget deficit to 6.40% in first 11 months

Romania's consolidated general budget recorded a deficit of  RON 121.77 billion (€23.90 billion), equivalent to 6.40% of GDP, in the first eleven months of 2025, down 0.74 percentage points from 7.15% in the same period of 2024.

Energy

PPC Romania to build 100 MW gas plant in Reșița

A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.

READ MORE
Business Forum  |  29 December, 2025 at 7:55 PM
Business Forum  |  29 December, 2025 at 5:39 PM