Garanti BBVA finances first 5-star hotel from Dambovita County

Business Forum
Garanti BBVA Romania announces the financing of Peștera Wellness & Spa, a premier 5-star hotel located in Peștera-Padina Tourist Resort of National Interest, from the Bucegi Mountains, with a loan of €5 million. Garanti BBVA supports Grupul Industrial Alca SRL, the company behind this investment.

Peștera Wellness & Spa Hotel officially opened its doors to tourists in December, 2024, marking a significant milestone as the first 5-star accommodation in Dâmbovița County. The hotel sets a new standard in Romanian hospitality, by seamlessly blending world-class facilities with the serenity and beauty of the Bucegi Mountains. Built in less than two years, it is set to become a major attraction for both Romanian and international tourists. The hotel's location places it amidst some of Romania's most iconic tourist attractions, such as Babele, Sfinxul, Peștera Ialomiței, Cheile Tătarului and Lacul Bolboci.

"We are pleased to contribute to this daring project, which seamlessly integrates celebration of Romania's natural and cultural heritage, as well as sustainability, and world class facilities. Peștera Wellness & Spa Hotel stands as a symbol of innovation in hospitality and serves as a catalyst for local economic growth and the advancement of tourism in the region," stated Bilge Demirer, Deputy General Manager, Enterprise Banking Area, Garanti BBVA.

Garanti BBVA's support for Peștera Wellness & Spa aligns with its broader strategy to empower SMEs, Romanian entrepreneurs, and the local economy. By offering tailored financial solutions and fostering investments in key industries, Garanti BBVA actively contributes to the sustainable development of local businesses. The bank is committed to driving innovation and economic growth, by facilitating access to funding for projects that not only showcase entrepreneurial excellence, but also generate long-term value for communities.

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Business Forum  |  20 January, 2025 at 12:39 PM