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Romania's Phoenicia Hotels invests 5 mln euro in Romanian hotel

Romania's Phoenicia Hotels invests 5 mln euro in Romanian hotel

BUCHAREST (Romania), January 28 (SeeNews) - Romanian group Phoenicia Hotels said on Monday it has re-opened a hotel in central Bucharest, following investment of 5 million euro ($5.6 million).

Lido by Phoenicia has 115 rooms, two restaurants, two conference rooms, a fitness room and a massage room, Phoenicia said in a press release.

The privately-owned four-star hotel was built between the two World Wars and was rented for a 15-year period by Phoenicia two years ago.

In the following period, the company plans to expand Lido Hotel with a new restaurant, a spa and a pool.

($ = 0.8822 euro)

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