Corporate Information :: History :: Continental Hotels

Corporate Information

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History

Continental Hotels is the largest hotel group in Romania, statement supported by the experience in the Romanian hotel market - since 1991, when the company was founded, and the services offered to our guests.

The Continental Hotels chain initially included hotel complexes in Bucharest, Sibiu, Cluj-Napoca, Tirgu-Mures and Constanta, totalling 403 rooms, plus Continental Hotel in Timisoara, which, although was awarded by the decision of the Government to the company Continental, this hotel never really became part of the chain.

Totally privatized in 1995, SC Continental SA met a booming developing period, sustained by the efficient use of loans and capital brought by shareholders.

Main events in the evolution of the company:

2009

The refurbishment and reopening of Grand Hotel Continental in Bucharest.

The opening of Ibis Sibiu under Accor management which follows the refurbishment of the old Continental Hotel in Sibiu

2008

Rebranding Continental Forum Arad and Continental Forum Oradea

Opening Hello Hotels in Bucharest

2007

Signing the agreement with the Accor Group for the development of the Ibis hotel network in

Romania

Opening the hotel Continental Forum in Sibiu (in the building of the previous Boulevard Hotel)

Closing the hotel Continental Sibiu for refurbishment

2006

Closing the Continental Hotel Bucharest for refurbishment

2005

Selling the Continental Hotel in Cluj

Opening Ibis Constanta and Ibis Palatul Parlamentului under Accor Management

Over taking the Boulevard Hotel from Sibiu

2003

Purchasing the Gaiser hotel complex in Timisul de Sus

Selling the Continental Villa from Cluj

2001

Opening Ibis Gara de Nord under Accor Management

1999

Hotel Arcasul from Suceava became part of the Continental chain

1998

Hotel Astoria from Arad became part of the Continental chain

1997

Hotel Dacia from Oradea, hotel Parc and motel Portile de Fier from Drobeta Turnu Severin joined the hotel chain

1995

SC Continental SA is privatized

1991

Year of Continental Hotel chain established

Continental Hotels development strategy includes the opening of 2 new hotels under the brands Continental Forum and Hello Hotels but also Ibis

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