Price fight tests capital’s finest
Hotels may still be piling in the guests in the week, but prices have taken a beating following a decade of boom. Report by Corina Ilie and Michael Bird December 2009 - From the Print Edition
Hotels experience an immediate effect from a change in the economy and, beginning in the middle of last year, switched suddenly from overflowing conferences and all-night Bollinger and foie gras parties to empty corridors, prix fixe menus and buy-one-room-and-get-one-free.
Bucharest has especially been affected by a drop in business travel, as the city has never been a destination for tourists and the country’s GDP has suffered an eight per cent slump.
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