Julius Meinl Begins the Renovation of the Ambasador Hotel

Julius Meinl begins the consolidation and renovation works of the historic building of the Ambasador Hotel in Bucharest  in May, following the issuance of the building permit by the Bucharest City Hall.

The reopening of the unit is scheduled for 2027 under the name “The Julius Bucharest”, representing the largest real estate investment in the area in the last five years.

The modernization project involves a total investment estimated at Eur 30-35 mln., an amount that also includes the purchase price. The rehabilitation works will last about two years and will aim to bring the entire hotel to 4-5 star standards.

The hotel aims for LEED Gold organic certification and will integrate a gourmet delicatessen under the House of Julius Meinl brand.