Tuesday, 19 May 2026
Julius Meinl Living, part of the Julius Group, which bought the Ambasador Hotel in Bucharest, has had a building permit since the beginning of this year, and in April signed the contract with a general contractor. Renovation work will begin soon.
The building of the former Ambasador Hotel on Magheru Boulevard in the capital, will reopen in 2028, under the name The Julius Bucharest.
The Julius Bucharest Hotel will have 160 rooms and suites. The hotel will have a lobby bar on the ground floor and a restaurant on the 11th floor with a capacity of over 100 guests. There will also be meeting rooms, a gym, and a boutique store.
The gross development value of The Julius Bucharest is EUR 66.3 million.
Source: economica.net
