Radu Enache, owner of Continental hotel chain that operates 14hotels with 21m-euro turnover, maintains that amid the currenteconomic conditions two-star hotels are more profitable thanfive-star ones. "(...) Five-star hotels are facing deep troubleduring this period. We're trying to stay afloat on a market that iscompletely upturned because of the falling accommodation tariffs,"stated Radu Enache. Two-star hotels' employees have lower wagesthan five-star ones, as incomes on the entire hotel market areamong the lowest anyway, less than 800 RON per moth (190 euros).The shrinking profitability per employee in five-star hotels isaccounted for by the falling demand for luxury rooms on theRomanian market amid the narrowing budgets of corporate clients.Whereas in the first five months of the year almost three quartersof Hello two-star hotel were filled, in the case of Grand HotelContinental five-star hotel, not even half of rooms were occupied,with prices per accommodation night in the five-star hotel beingfour times higher than the ones of two-star hotels.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
