Sol Melia Hotel Group Eyes Romanian Coast, Bucharest Market

Spanish group Sol Melia, Europe’s third largest hotel chain, has plans to enter the Romanian market in the near future by opening four- and five-star hotels on the Black Sea coast and in Bucharest, its general manager for Bulgaria, Jose Manuel Navarro, said Saturday.Navarro said the company is evaluating opportunities on the coast, but no discussions have been finalized. He said the Romanian seaside hotels require large investments and renovation, because of their age."There are ...

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