The new hotels decrease Bucharest prices

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The new hotels decrease Bucharest prices

“The new completed projects or those in construction lead to a price decrease. Compared to other European countries, the prices are sometimes higher, because the Romanian market is still developing,” said Mircea Draghici, project manager at Fivestar Hospitality advisory company. The predominant segment on Bucharest hotel market is the business segment, due to new projects and companies that enter the Romanian market.