Europa Royale - the first hotel opened in Romania by Europa Group Hotel - is situated in a historic building in the Old Center of Bucharest, with an investment of 14 million Euros.

The restored and modernized 19th century building was changed into a 4-star hotel. The restoration works were completed back in May.

The hotel has six floors with 92 rooms, two conference rooms and a restaurant. Giedre Straksaite, the deputy manager of the hotel, said in an interview that the hotel does not have its own parking lot, "as it is a historical building allocated to the patrimony of Bucharest".

"Building an underground parking lot means to denature the exterior of the historical building. Of course we understand the need of our guests for a parking lot and that is why we offer them the possibility to park their rented cars in a covered parking lot nearby", Mrs. Straksaite said, who also talked to us about the evolution of the hospitaly market in Romania.

Reporter: Europa Royale Hotel is the first hotel which the group opened in Romania. What were the reasons which led to the decision to open a hotel in Romania and why did you open it in the Old Center of the Capital?

Giedre Straksaite: At the moment when the development of this project was decided, Romania was developing at an accelerated pace, as it was at the time a new EU member and therefore had a lot of prospects.

For Eastern Europe, we had to choose between locations from Bulgaria, Romania and Belarus, but, after watching all those countries, Bucharest seemed to have the biggest growth potential and the most stable political situation.

Why the old center? All the hotels of Europa Royale are situated in the old parts of the important cities. It is the concept which our hotels are developed around - preserve the historical buildings, in the most attractive locations, and make