Popoviciu invests 11.5m euros in Parc hotel rebranding - Azi

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The Park Hotels group, controlled by businessman Gabriel Popoviciu, will open its second hotel under the Ramada umbrella by early next year, after completion of the rebranding process of the Parc hotel (Best Western Parc Hotel), which entails an 11.5 million-euro investment.

"We have had several stages of investments since the takeover of the Parc hotel in 1998. So far, these investments have amounted to ten million euros, and this year"s rebranding will entail another 1.5 million-euro...

Read the whole story in: Ziarul Financiar