Romania: Just a simple room or a luxury apartment?

Savings for Business Travelers

With hotel prices rising and Bucharest losing its affordable hotels to refurbishment as parts of big hotel chains, travelers are often forced to pay premium prices for a hotel room. Many companies have found a simple and more affordable answer for their accommodation needs: luxury short term apartments.

Distribution Source : Alia Accommodation & Rent a Car Bucharest
Date : Sunday, October 5, 2005

Bucharest -- (Alia Accommodation & Rent a Car Bucharest - Oct 5, 2005)
http://www.in-bucharest.com
contact@in-bucharest.com

With hotel prices rising and Bucharest losing its affordable hotels to refurbishment as parts of big hotel chains, travelers are often forced to pay premium prices for a hotel room. Many companies have found a simple and more affordable answer for their accommodation needs: luxury short term apartments. Such apartments can be rented from one day and discounts are available for longer stays.

Eduard Tomescu, Managing Director at Bucharest Invest, said that foreigners coming to Romania, for the first time stay in a hotel first, but those who have been to the city before, opt for serviced apartments. "Many spend their first couple of nights in a hotel and later move to a serviced apartment. Renting a short-let for a short term as opposed to staying in a hotel makes a lot of sense because they can be a budget option for travelers, especially in the face of a looming 20 percent increase in hotel room prices and 100 percent occupancy at the hotels".

"The demand for less expensive, private accommodation is increasing." Eduard Tomescu confirms the trend that is continuing to boost business for accommodation agencies. According to in-Bucharest.com, a cheap hotel room with a shared shower is available for €50. This might not be a lot of money for some, but for many travelers, workers, trade fair exhibitors or people coming to Bucharest as a result of the economic upswing, these forms of accommodation are simply too expensive. This is why more and more people are opting for private lodgings. In this sector, accommodation can be rented from €35 upwards, or even less for long-term bookings. in-Bucharest.com alone registers up to 20 enquiries a day.


The serviced apartment market has emerged as a most cost-effective alternative to hotel accommodation and, at times the only option to consider. High in comfort, low in cost with complete consistency. Three stars rating that provide a good benchmark for anyone needing to stay, for whatever length of time, away from home.

Alia Accommodation & Rent a Car Bucharest was founded in 1993 as one of the first Romania-based, branded apartment product. It quickly established itself as one of the best Romania brand of medium priced corporate apartment accommodation.

This release was published on openPR.