A five-star hotel will be opened in Sinaia mountain resort at the end of January, following an investment of EUR 2.5 million. The hotel, called Ioana Hotels, will have 19 rooms and five apartments, a conference hall and a restaurant. The investment came from consulting company NDI Grup Expert, which expects a 50 percent occupancy rate for this year.

The company is at its second investment on this segment, after the acquisition of the Stana Regala Sinaia lodging.

editor@romania-insider.com