Saturday, 1 November 2025
The Continental Hotels Group is moving ahead with a project to build a 4-star hotel in the Păcurari area of Iasi, a project approved by local authorities five years ago. The investment, estimated four years ago to cost at least EUR 22 million, is entering the final authorization phase and is currently being analyzed by the Zonal Commission of Historical Monuments. Obtaining this opinion will allow the building permit to be issued.
The project, called Continental Forum, aims to build a 153-room hotel on more than 6,500 square meters of company-owned land. The building will have a footprint of nearly 1,700 square meters and a total developed area of about 16,000 square meters. Construction work is expected to start in 2026, a delay from the original estimate for completion in that year, driven by the prioritization of other group investments, particularly in Sibiu.
The hotel will have extensive facilities for the business and tourist segment, including an 86-seat restaurant, a self-service area for 52 people and a cafeteria. The conference component is provided by several small rooms of 72 square meters each and one large room of 230 square meters, with a total capacity of over 290 people. The hotel will also include a fitness area of 132 square meters, technical spaces, a civil protection shelter and a parking lot with 126 parking spaces, of which 59 underground and 67 above ground.
