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Corinthia Grand Hotel du Boulevard Bucharest – in Condé Nast Traveller

The Corinthia Grand Hotel du Boulevard was recently recognized by Condé Nast Traveller, one of the most prestigious international voices in the field of luxury tourism.

In the article published on the publication’s online platform, the author notes the elegance of the building, the refinement of the interiors and its timeless atmosphere, all elements that define this emblematic landmark of the Capital and of luxury tourism in Romania.

An architectural monument of inestimable historical and cultural value, the building was restored by NIRO Investment Group, in a large-scale project to reconsolidate and bring back to life its former glory. The restoration was guided by the deep respect for the architectural identity of the building, but also by the desire to contribute to the revitalization of the city center, while offering a space dedicated to high-level hospitality.

The appreciation from Condé Nast Traveller is a recognition of the value and vision that NIRO Investment Group has invested in this building. It is also proof that authentic heritage, when respected and intelligently integrated into the contemporary urban landscape, can become a landmark not only locally, but also internationally.

For NIRO Investment Group, the restoration project of the Grand Hotel du Boulevard building is also part of an effort to support Romanian cultural and architectural values, to transform historical spaces into symbols of contemporary excellence and refinement. Corinthia Grand Hotel du Boulevard Bucharest, a luxury boutique hotel that combines the charm of Bucharest’s golden age with hospitality services at the highest level, offers a unique experience for those who want exclusivity, comfort and a truly special atmosphere, right in the heart of the city.

The full article from Condé Nast Traveller can be accessed here: https://www.cntraveller.com/hotels/bucharest/corinthia-grand-hotel-du-boulevard-buchares

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ARTICLES Hospitality Social

Corinthia Grand Hotel du Boulevard Bucharest – double recognition at TopHotel Awards 2025

Corinthia Grand Hotel du Boulevard Bucharest, an emblematic project developed by NIRO Investment Group, was awarded two important awards at the TopHotel Awards 2025 gala, held recently in Bucharest. The hotel received the Gold Award in the Hotel Opening of the Year category and the Silver Award in the Best Hotel Architecture Concept category, reconfirming its status as a landmark of contemporary luxury hospitality in Romania.

These awards reflect the remarkable success of the rehabilitation of one of the most valuable historical buildings in Bucharest. Grand Hotel du Boulevard was completely restored by NIRO Investment Group, in a project that combined respect for the architectural heritage with the highest standards of design, comfort and functionality. Through this strategic investment and the partnership with the prestigious international brand Corinthia Hotels, the building was transformed into a sophisticated destination, where the elegance of the past meets the refined requirements of today’s guests.

Corinthia Grand Hotel du Boulevard today represents a symbol of excellence in hospitality, sustainability and heritage preservation, a clear expression of NIRO Investment Group’s long-term vision and its commitment to developing the luxury hotel market in Romania.

The TopHotel Awards 2025 ceremony was attended by Pedro Mendes, Executive Chef, Boulevard 73, Damyan Velkov, Director Food & Beverage, Corinthia Grand Hotel du Boulevard, Jean-Pierre Mifsud, General Manager, Corinthia Grand Hotel du Boulevard, Valentin Macovescu, Director of Communication, Image and Protocol, NIRO Investment Group, Raluca Mihăescu, General Manager, Grand Hotel du Boulevard, Christophe Chamboncel, Executive Director, NIRO Investment Group, Radu Zencenco, Head of Hospitality, NIRO Investment Group

This recognition strengthens the positioning of Corinthia Grand Hotel du Boulevard as a top destination in Bucharest and confirms NIRO Investment Group’s role as a strategic actor in transforming the luxury hospitality landscape in Romania.

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About NIRO ARTICLES FIELDS OF INVESTMENTS Hospitality Hospitality industry Social

NIRO Investment Group Announces the Official Inauguration of Corinthia Grand Hotel du Boulevard Bucharest

NIRO Investment Group marks a key milestone with the official inauguration of Corinthia Grand Hotel du Boulevard Bucharest, the culmination of an extensive and complex restoration project dedicated to preserving the architectural heritage of Romania’s capital. This iconic endeavor revives the grandeur of the Belle Époque, blending historic splendor with contemporary elegance to transform a landmark building into an international luxury destination.

Through a strategic partnership with Corinthia Hotels and the recognized expertise of this hospitality brand, NIRO Investment Group contributes to strengthening Bucharest’s status on the global luxury tourism map.

The restoration process was implemented in collaboration with renowned international partners. GA Design International crafted a unique interior design that brings the charm of the Belle Époque to life, while Open Architecture & Lifestyle ensured the preservation of original architectural details, seamlessly integrating modern structural elements. Vitalis Consulting oversaw each stage of the project, and Alliance Properties coordinated the complex renovation works, carefully honoring the building’s historical legacy.

Originally constructed in 1873 by architect Alexandru Orăscu, Grand Hotel du Boulevard was the first hotel in Bucharest to introduce innovative amenities such as electric lighting, running water, and an elevator, quickly becoming a symbol of refinement and luxury. Recognized for its unique architecture, the hotel earned gold medals at prestigious exhibitions in Milan and Turin. Over the decades, it welcomed members of royal families, international leaders, and cultural figures.

Today, after a meticulous restoration by NIRO Investment Group, Corinthia Grand Hotel du Boulevard Bucharest regains its prestige, offering guests an exclusive experience in its 30 elegant suites, which retain Belle Époque opulence while integrating modern technology.

With a prime location in the heart of the capital and exceptional facilities, Corinthia Grand Hotel du Boulevard Bucharest is set to attract business leaders, elite tourists, and international visitors. The reopening of the hotel reaffirms the commitment of NIRO Investment Group and Corinthia Hotels to excellence in hospitality and the expansion of their global footprint.

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ARTICLES Hospitality Social

NIRO Investment Group, part of the story of “Romanians Developing Romania”

NIRO Investment Group had the honor of participating in the “Romanians Developing Romania” campaign, initiated by Intact Media Group, a project that celebrates the success stories of Romanian entrepreneurs and companies. Through its vision oriented towards excellence, NIRO significantly contributes to positioning Romania on the international hospitality map, by developing three luxury hotel projects.

Soon, Grand Hotel du Boulevard will reopen its doors under the name Corinthia Bucharest, the first ultra-luxury boutique hotel in Romania. It combines historical charm with the highest hotel standards, being a symbol of refinement and reinvented tradition. At the same time, in the north of the capital, Swissôtel Bucharest, a premium hotel operated by Accor, located in an area with great economic potential, is taking shape.

Beyond borders, NIRO demonstrates that Romanian hospitality can shine on a global level. In one of the most coveted exotic destinations, the company is developing Corinthia Maldives, the first luxury resort built by a Romanian company.

“Hospitality means creating memorable experiences. Tourists do not come just to stay, but to discover the community, the culture and what Bucharest and Romania have to offer,” said Christophe Chamboncel, Executive Director of NIRO Investment Group.

Through these projects, NIRO Investment Group is transforming Romania into an attractive destination for tourists and international investors, demonstrating its ability to build a modern, competitive and sustainable economy.

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About NIRO ARTICLES FIELDS OF INVESTMENTS Hospitality Hospitality industry Social

Corinthia Grand Hotel du Boulevard: The magic of the holidays and the brilliance of a reborn history

Last week, Christmas lights transformed Corinthia Grand Hotel du Boulevard into a symbol of holidays and elegance. The emblematic building in the center of Bucharest, inaugurated in 1873 and designed by architect Alexandru Orăscu for jeweler Jacques Herdan, was restored by NIRO Investment Group. Thus, the hotel continues its story as a witness to the history and transformations of the capital.

The festive decor impresses with its refined details and deep meanings. Hot air balloon-shaped ornaments evoke the nostalgia of holidays of yesteryear, while carousel horses bring a playful touch, contrasting with the classic sophistication of neoclassical architecture. At the center of the decor, a thematic Christmas tree with clocks symbolizes the passage of time and the beauty of festive moments. The entire ensemble is completed by thousands of lights, fir trees and other elements that form a fairy tale setting.

Corinthia Grand Hotel du Boulevard is preparing for a new stage, to be reopened in 2025 as a luxury boutique hotel, with 30 exclusive suites. The future destination will host the famous SASS in Monaco and a spa center and will redefine the standards of luxury hospitality in Bucharest.

This initiative symbolizes not only the restoration of a historic building, but also the celebration of a new chapter for the cultural heritage of the capital. Corinthia Grand Hotel du Boulevard will remain a place where tradition meets modernity, offering guests an unparalleled experience.

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ARTICLES Hospitality Social

Emerging Trends in Hospitality and Sustainability at the Center of the Debate at INVEST SUMMIT 2024

Last week, Bucharest hosted INVESTSUMMIT2024, an event dedicated to leaders in the hospitality and investment industry, where emerging trends, the role of sustainability and market transformations in Romania and Eastern Europe were topics of major interest.

Christophe Chamboncel, Executive Director NIRO Investment Group, was one of the speakers at the event, and in his intervention, he emphasized the importance of adapting to new market demands and the need for innovative projects. A central point of his presentation was the Corinthia Grand Hotel du Boulevard Bucharest, the first ultra-luxury boutique hotel in Romania, which redefines the standards of excellence in hospitality.

At the event, NIRO Investment Group was represented by a team formed by Valentin Macovescu, Director of Protocol, Raluca Mihăescu, Director of Image and Communication, and Radu Zencenco, Head of Hospitality.

We thank the organizers for an exceptional event and for the opportunity to discuss the future of the industry with top professionals! Constructive dialogues and exchange of ideas inspire us to continue developing sustainable and innovative projects.

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Hospitality Social

Niro Investment Group joins again the biggest players in the hospitality industry at the TopHotel Conference

Considered the most important annual event in the hospitality sector in Romania, TopHotel Conference & Awards analyzes global trends and their profound impact on the investments and development of the local hotels industry.

This year’s edition, which took place on May 23-24 at the JW Marriott Hotel, was the meeting place for hospitality industry professionals to discuss new trends, analyze existing opportunities and share efficient business strategies. Last but not least, solutions have been identified for the challenges faced by industry professionals in the local hotel market dynamic landscape. Visionary leaders, experienced professionals and local and international investors exchanged valuable ideas during the two days of the event, providing answers to important questions and awarding outstanding projects.

Together with representatives of prestigious hotel brands, Alina Vlădulescu, Deputy Head of Hospitality & Development, Niro Investment Group, participated in the discussion panel on maximizing hotel performance by selecting the optimal partnership model: franchise, management or owner-operator.

The panel provided an excellent opportunity for exploring the pros and cons of different partnership models within the hospitality industry. Participants brought to the fore diverse perspectives based on their valuable industry experience and came up with innovative solutions and ideas for achieving optimal performance in hotel operations.

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ARTICLES Hospitality Social Uncategorized

Niro Investment Group awarded for diversification of the investment portfolio of a company with Romanian capital, at the ZF Gala 2022, the most important business event in Romania

Ziarul Financiar, the most important business publication in Romania, organized on Thursday, November 24, at the JW Marriott Hotel in Bucharest, the ZF 2022 Gala, its yearly landmark event. The Gala, that also celebrated 24 years of existence for ZF, recognized the most valuable companies in Romania, also awarding a series of special prizes to companies that stood out through their performances in various fields.

Partner of the event, Niro Investment Group joined the champions of business performance, being awarded for diversification of the investment portfolio of a company with Romanian capital, a prize that rewards the efforts and exceptional results of the Group which has not only consolidated its business over the years, but also expanded and diversified its activity both at national and international level.

Anca Simionescu, General Manager of Niro Investment Group, received the award on behalf of the company and conveyed a message from the entire Niro team:

“We are very proud of this award, some of my colleagues are here tonight. We see this award as a recognition of the course of our company, which started as a small family business in 1993, and during three decades we managed to become a strong investment group with a vast portfolio. We are deeply Romanian, we are a company with 100% Romanian capital, we have values ​​and we believe in the Romanian economy. We want to put Romania on the international map and we want to be able to do it in the shortest possible time.”

Along with Niro, Orange Romania, Vodafone Romania, Mercedes-Benz Romania, BCR, CEC Bank, Samsung Romania, Profi, Bucharest Stock Exchange, Roca Investments also received special awards.

This year, the special guest of the ZF Gala was Ian Goldin, professor at the Department of Globalization and Development at Oxford University, who discussed how the Western world will look after the current global economic and political crisis, about the trends that will mark the next decade, as well as about Romania’s place and role in the current and future global context.

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About NIRO Hospitality

Niro Investment Group awarded the business champions at the Capital Elite Companies Gala

Niro Investment Group partnered with the Capital Elite Companies Gala, a prestigious and traditional event of the Romanian business community, organized by Capital business magazine.

The ceremony celebrating the elite companies that stood out through their performance in business, thus contributing to the development of the Romanian economy, was attended by representatives of the awarded companies, as well as by leaders from various business sectors that have been included in the Capital Top 300 Companies yearbook.

Valentin Macovescu, communications director of Niro Investment Group, handed the awards for the champions of the Logistics category to the representatives of the Romanian Post, Alexander International Holding and the Aquila company.

I would like to thank Capital magazine for inviting us. I represent Niro Investment Group, a company with almost 30 years of expertise in investments, real estate development and asset management, with a portfolio that includes shopping and logistics centers, office buildings and residential projects. In recent years, Niro focused on the hospitality industry, developing several  large-scale projects that will bring for the first time to Romania luxury hotel brands such as Corinthia and Swissotel, or which will put Romania on the map of international luxury tourism, with the first Romanian hotel project developed abroad, in the Maldives“, Valentin Macovescu said.

The ceremony was also attended by Raluca Mihăescu, Portfolio Hospitality Manager, Ana Olteanu, Project Management Director and Șerban Dimitriu, Investment Manager, Niro Investment Group

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About NIRO Hospitality

Niro Investment Group, partner of the most important hospitality event this year – TopHotel Conference 2022

Niro Investment Group was partner in this year’s TopHotel Conference 2022, an industry benchmark event that looks at global trends and their impact on local hotel investment and development.

Held over two days, May 25 and 26, 2022, the conference provided a platform to debate the most important and current issues in the hospitality market: relaunching the hotel industry after two years of global pandemic, how local players prepare for this relaunch, the new hotel projects in 2022 and the prospects of business tourism.

As always, the conference brought together some of the most important representatives of the international and local hotel market, the tourism and leisure market as well as local authorities. The event was addressed to leaders, decision makers and professionals in the main segments of the hotel and hospitality industry: hotel owners and top managers, representatives of international hotel chains, general managers of travel agencies, investors, tourism consultants, representatives of financial institutions , bloggers and journalists.

Throughout the event, the current challenges and business opportunities of the industry were debated in the context of current trends, highlighting the most interesting investments and ongoing hotel projects. During the interactive sessions of the event, the participants discovered the experiences of investors, took part in discussions about the power of authenticity in the hospitality industry and the development of touristic areas, while discovering useful information about the investments made and the motivation behind them.

The conference participants also discussed the recent performance of the hotel industry, focusing on the evolution of the local market, on investment opportunities in Romania and on new trends in digitalization in the hotel industry. Specialists in the tourism industry presented examples of good practices in the field and statistics on the positioning of the local market in the global tourism industry. Another topic discussed was the role played by local authorities in the development of this industry.

As a partner of the event, Niro Investment Group was represented by Alina Vladulescu, Deputy Head of Hospitality & Development, who moderated the panel “Current investments in hotels that connect with the needs of the post-pandemic travel trends”.

“As representatives of the tourism industry, we have always been involved in a permanent dialogue on the potential of the hospitality industry, the expectations of investors and the trends that shape the industry. After the pandemic, things changed significantly. We have changed, the teams have changed, the mentality of the investors has changed and the mentality of the guests who step in the hotels. It remains to be seen how the hotels will cope with these new post-pandemic expectations”, said Alina Vlădulescu during the session she moderated.

Raluca Mihăescu, Portfolio Hospitality Manager, Jean Pierre Mifsud, General Manager Corinthia Grand Hotel Boulevard Bucharest and Ana Maria Portnoi, General Manager – Business Hotels Investment, member of NIRO Investment Group, also participated in the event on behalf of Niro Investment Group.

Niro Investment Group has invested in several major hotel projects in recent years, such as the reopening of the Grand Hotel du Boulevard under the luxury brand Corinthia, the opening of the first Swissôtel in Romania, part of the Accor Group, one of the most important hotel groups in the world, as well as starting of an extensive project to build a luxury resort in the Maldives.