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Radisson boss sees hotel market rebound

Autor: Mirabela Tiron

12.05.2011, 23:32 92

Ali Yilmaz Yildirimlar, general manager of Radisson Blu hotelcomplex of Calea Victoriei, which operates 718 rooms, maintainsoperating income had a two-digit advance in the first four monthsof this year, as almost 70% of rooms were occupied on average.

Radisson Blu head did not disclose the value of operatingincome, though. Last year, however, the company operating the hotelcomplex reported EUR3 million, down from the EUR8.3 million in2009, according to Bourse data. The company's turnover reached EUR25 million, from EUR23 million from the previous year.

"The number of people traveling and arriving in Bucharest ishigher than last year and this can be seen not only in ourbusiness, but also in the airlines' business. Should the trendmaintain, we can be confident," stated Ali Yilmaz Yildirimlar.

In Romania, the two complexes of 718 rooms are registered asbelonging to Bucureşti Turism company, in which BEA Hotels EasternEurope holds 76.83% and SIF Transilvania (SIF3) 11.29%.

"After two years and a half we can speak about a hotel marketrebound. As far as the corporate business is concerned, companieshave started investing more in employees and are organizingtraining programs, while in terms of private events demand forweddings and christening parties is still high."

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