Rock Development Holding to invest €70m in hotel project (RO)

Rock Development Holding to invest €70m in five-star hotel project in Poiana Brasov (RO)

Rock Development Holding will invest €70m in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consist of a hotel with 120 rooms and an aparthotel with 75 residential units.

Rock Development Holding has so far invested over €53m in the development of Politehnica Park Residence and Avrig Park Residence, two reference projects for the Grozavesti - Politehnica and Bucur Obor areas, with a total of 800 apartments. The company is currently developing the second phase of Avrig Park Residence, with 222 apartments, following an investment estimated at €23m.

The new project will also include all the facilities specific to a five-star tourist complex, including several restaurants and a SPA centre at international standards. The project has completed and completed all urban planning formalities, construction will start in the next period. The new five-star luxury project, according to international classifications, is located in the central area of the Poiana Brasov resort.

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