1,000 hotel rooms internationally affiliated to launch between 2024-2028

1,000 hotel rooms internationally affiliated to launch between 2024-2028

1,000 hotel rooms internationally affiliated to launch between 2024-2028 2560 1919 ROMANIA PROPERTY CLUB

Constanta, one of Romania’s main touristic destinations, continues to attract the interest of hotel investors and operators, but still flies under the radar, as compared with other regions.

Based on the supply of hotel rooms, Constanta city (including Mamaia) can attract demand for medium quality hotels and services. This trend is about to change in the next 3-4 years due to economic shifts in the area (NATO military base and Schengen space for Constanta port). The new highway (Constanta – Olimp) connecting with the southern part of the seaside is also expected to bring new opportunities for tourism developments.

CONCLUSIONS FROM EST HOSPITALITY
  • 69% of total number of rooms are ranked to 1*, 2* and 3*;
  • only 300 rooms are ranked to a hotel operator (ie Ramada and Continental Hotels) which represent less than 3% from total number of rooms;
  • increase in the number of arrivals +3.4% and overnights +6% in hotels for 2023 as compared with 2022;
  • major decrease compared to 2022 for arrivals -9.90% and overnights – 7.9% in apartments for rent because of offer excess;
  • new international brands such as Crowne Plaza & Radisson enter Constanta market;
  • 1,000 hotel rooms internationally affiliated are under development in five hotels.

“With the inauguration of the new hotels, in the following four years the number of rooms will increase by 8.3% Major hotels operators will also enter the market giving a vote of confidence for the Romanian seaside.”