Bucharest hotels expecting 10-pct rises in occupancy rates in 2011

The occupancy rates of three- and four-star hotels of Bucharest should increase by nearly 10 percent, after a rise of only 3 percent in 2010, from 39 percent to 42 percent, according to Bucharest Benchmarking Report of Fivestar Hospitality consultancy.'The average occupancy rates of 3 and 4-star hotels in Bucharest rose 42 percent in 2010 from 2009, when it was 39 percent. When it comes to average prices, they diminished to 46 euros in 2010, from 56 euros in 2009,' shows the ...

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