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Learn moreFeb 2018
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According to the latest data published by the National Institute of Statistics, there were 6,946 tourist structures in Romania in 2016. This included hotels, motels, villas and chalets, agrotourism, bungalows and other types of accommodation.
The category registered positive current retail value growth in 2016 and 2017 after a significant decline in 2009 and modest recovery in 2010. One of the key drivers of this growth was growing tourism and the increasing number of high-net-worth individuals as well as a rise in the number of affluent leisure and business travellers.
Marriott became one of the leading hospitality service providers in Romania thanks to its world-class facilities and innovation. Its Grand Hotel in Bucharest is strategically located for easy accessibility, which gives it a competitive edge.
Rising disposable incomes, the presence of rich corporate culture, and a growth in the number of international events are expected to drive growth over the forecast period. The positive trend recorded in the last two years of the review period is set to continue, but growth will be based more on increases in the average price rather than volume growth.
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Discover the latest market trends and uncover sources of future market growth for the Luxury Hotels (5-star plus) industry in Romania with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Luxury Hotels (5-star plus) industry in Romania, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Hotels (5-star plus) in Romania market research report includes:
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.