Property Jewish Communist bloc, Hotel: 19th-century building, renovated with 14 million (Photo)

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Property Jewish Communist bloc, Hotel: 19th-century building, renovated with 14 million (Photo)

 

Europa Royale Hotel, which is located in a building dating from the nineteenth century, was revived after investment of 14 million euro renovation.

Lithuanian investment group Hotel Europa Group began reconstruction in 2008, and in March 2012 it was completed. Group holds hotel chains in Estonia and Lithuania, the hotel Europa Royale is the first in Romania.

Construction in Old Center of Bucharest, the French street no. 60, was made in 1878 by a family of rich Hebrew. During the communist period, have been taken and turned into a block of flats.

Before the Revolution have worked here a shop and a bookstore. Later, the building was transformed into a four star hotel. It has been restored and refurbished to meet the customers who come mainly from the business. Invested 14 million euros, which is expected to be recovered in 12 years.

Europa Royale hotel has 92 rooms, with a capacity of up to 180 people.

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Source: www.dailybusiness.ro

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