Hotel Market overview

Over the past few years, Bucharest’s hospitality sector has been recovering, as seen through improvements in market indicators, such as occupancy and revenue, driven by better ADR and RevPar. The performance of the hotel market in the capital city has also benefited from increased airport arrivals as “Henri Coanda” International Airport reported a roughly 9% year-on-year increase in arrivals, with a record air traffic nearing 16 million passengers. Bucharest is primarily a business destination, but it’s also increasingly popular for city breaks, as evidenced by the average stay of foreign tourists in hotel units of approximately 2.1 days. The average spending per international visitor is estimated at ca €620 (3,100 Ron).