One night of accommodation in one of Bucharest's luxury hotels has tourists pay 115 euros to 1,800 euros. Thus, the rate for a presidential suite can be 15 times higher than that of a standard room within the same hotel.
JW Marriott hotel of Bucharest, managed by Societatea Companiilor Hoteliere Grand, charges the highest rates on the Bucharest five-star hotel market. The rate per one night in the presidential suite stands at 1,800 euros, with the rate for an executive room having reached 215 euros per night in mid-December 2006.
According to market information, JW Marriott is followed by Athenee Palace Hilton in the ranking of the most expensive hotels, part of Ana Hotels' portfolio. In the case of Hilton, people wanting to stay in the presidential suite (called Athenee Palace) have to pay 1,450 euros.
For the imperial and presidential suites, Intercontinental charges for 1,200 euros.
Howard Johnson Grand Plaza, one of the brands operated by Cendant international chain, whose domestic operations are coordinated by Trend Hospitality, charges 600 euros for the presidential suite, with Crowne Plaza levying the same rate.
"Price differences are dictated by the demand and supply the market registers at a certain moment, as well as by factors such as the space, services and facilities provided for the respective price," specified Dana Chiriac, PR Manager with Howard Johnson.
The rates charged by hotels of the same category for the same type of room vary depending on hotel location or services provided by each hotel.
Five-star hotels in other cities levy rates starting from 110 euros, with a 275 euro-rate for a presidential suite. These rates are comparable to those levied by hotel owners of the capital city.
During the winter holidays period, 3-star hotels' rates got close to the minimum rates levied by some five-star hotels.
On the four-star hotel market, the biggest rates are levied by Sofitel hotel, owned by World Trade Center company, where a one-night stay costs 230 euros for single rooms and 245 euros for double rooms.
Bucharest hotel owners believe that 3-star hotels are covering the biggest part of the accommodation capacity of Bucharest. The segment of 3-star hotels boasts the biggest accommodation capacity of Bucharest, of some 4,500 beds, available in 43 hotels with a total of 2,198 rooms.
According to Peacock Hotels/ Global Hotel Management latest data, in the case of three-star hotels the maximum public rate stands at 135 euros for a double room.
Hotel representatives believe the hotel market of Bucharest should focus on two-star hotels operating in line with international standards and levying tariffs of 50 euros at the highest.
Marriott, the most expensive
JW Marriott Grand I, with a number of 402 rooms, levies the highest rates on the Bucharest market of five-star hotels; the rate for the presidential suite amounts to 1,800 euros per night
Athenee Palace Hilton, part of Ana Hotels portfolio, with 272 rooms, ranks second, with a rate of 1,450 euros
Intercontinental, with 423 rooms, is the third most expensive hotel, charging 1,200 euros
