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Bucharest Intercontinental Hotel Valued At EUR70.74M
The Bucharest-based five-star Intercontinental Hotel was valued at EUR70.74 million by real estate consultancy company DTZ Echinox, the hotel’s operator Intercontinental Romania said in its annual report Friday.
17 viewsBucharest Intercontinental Hotel Valued At EUR70.74M
The 423-room Intercontinental Hotel is part of the international chain Intercontinental Hotels, which also operates the hotel brand Crown Plaza in Romania.
Intercontinental Romania is majority-owned by Luxembourg-based RHIC Holding, which controls 49.12% in the company. Another shareholder is Romanian Lido SA, which owns an 11.8% stake in the company.
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