Bucharest 5-star hotels Athenee Palace Hilton and Crowne Plaza,owned by George Copos, one of the best-known Romanianbusinesspeople, ended last year with total estimated turnover worth17.2m euros, down 13% year-on-year, according to Copos' statementsand ZF calculations.
"Total 2010 revenues went down against 2009 amid themodernisation investments we made in the two hotels. Nevertheless,the first positive signs of operated investments became visible assoon as in September, when budgets were overshot," stated GeorgeCopos, who, through Ana Hotels owns the 5-star units of Bucharest,as well as three hotels in mountain resorts, Sportul, Bradul andPoiana, and Europa and Astoria hotels at the seaside.
Athenee Palace Hilton, which operates 272 rooms in Bucharest,had a 68% average occupancy rate last year, while Crowne Plaza hadmore than 50% of rooms occupied, according to the businessman.
"This year, there will be more rooms filled at the two hotels. A5% higher turnover has been budgeted for Athenee Palace Hilton and25% bigger turnover for Crowne Plaza amid operated investments,"said Copos.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
