Number of hotels and boarding houses for sale up by 60 per cent in H1

According to an analysis conducted by the portal, the number of hotels and boarding houses for sale has risen by approximately 60 per cent in the first six months compared to the level reported on January 1, with most of the units put up for sale being located at the mountainside, Mediafax informs. “At national level we are witnessing an explosion in the number of hospitality facilities put up for sale. While the number of sale announcements stood at 217 at the beginning of the first semester, there are currently 344 announcements. The highest growth was seen in mountainside resorts. On the other hand the developments were not as spectacular at the seaside and in large cities such as Timisoara, Sibiu, Constanta, Cluj-Napoca and Bucharest,” Adrian Erimescu, general manager, stated in a release. Thus, according to the portal’s analysis, significant growth was seen in the number of sale offers on the Prahova Valley. While at the beginning of the first semester there were five hotels and boarding houses put up for sale there, at the end of the first semester their number had climbed to 52. Likewise, in Busteni the number of boarding houses and hotels put up for sale has reached 35 at the end of June, in Predeal the number reached 30, while in Azuga and Sinaia there are up to 10 offers. The most expensive hospitality facilities put up for sale are located in Busteni (EUR 2.7 M hotel) and in Sibiu (EUR 1.9 M hotel).

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