Ramada Plaza: World crisis is hurting our business - Azi

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Ramada Plaza Hotel in northern Bucharest, held by businessman Gabriel Popoviciu, is revising its budget downwards this year mainly due to the world crisis that is starting to take its toll on local business travel.

"We sought to attain five million euro turnover in the first year in business and now revenues are as estimated. However, because of the conditions on the world market, business travel is witnessing a slight decline. As a result, we believe we will adjust our turnover estimates to...

Read the whole story in: Ziarul Financiar